Bill Gates made a nearly $100 million bet on Bud Light - WVLT

Sep 6, 2023 · Last quarter, the Bill and Melinda Gates Foundation Trust bought $95 million worth of shares in Anheuser-Busch. Gates bought the stock around the time Bud Light alienated some of the company’s core base because of its partnership with transgender influencer Dylan …

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Bill Gates Made A Nearly $100 Million Bet On Bud Light - WVLT

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Bill Gates’ Foundation Made A Nearly $100 Million Bet On Bud Light …

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Sep 6, 2023 · But there’s at least one prominent investor who believes in Anheuser-Busch: Bill Gates’ foundation trust. The Bill and Melinda Gates Foundation Trust last quarter bought 1.7 …

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Bill Gates’ Foundation Made A Nearly $100 Million Bet On Bud Light

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Sep 6, 2023 · Bud Light’s parent company is having a miserable year. ... Bill Gates’ foundation made a nearly $100 million bet on Bud Light ... primarily due to the decline in the volume of …

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Bill Gates Made A Nearly $100 Million Bet On Bud Light

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Sep 6, 2023 · Bud Light's parent company is having a miserable year. But there's at least one prominent investor who believes in Anheuser-Busch: Bill Gates. ... Bill Gates made a nearly …

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Bill Gates Bets Nearly $100 Million On Bud Light Comeback

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Bud Light's parent company is having a miserable year. But there's at least one prominent investor who believes in Anheuser-Busch: Bill Gates' foundation trust. ... Bill Gates bets nearly …

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Bill Gates Is Backing Bud Light: He’s Betting Nearly $100 Million On ...

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Sep 6, 2023 · According to a recent filing with the Securities and Exchange Commission (SEC), the Bill & Melinda Gates Foundation Trust revealed it had bought 1.7 million AB InBev shares …

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Bill Gates Made A Nearly $100 Million Bet On Bud Light - Alaska's …

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Sep 6, 2023 · Bill Gates made a nearly $100 million bet on Bud Light. Bill Gates invested into Bud Light's parent company Anheuser-Busch despite its slump in sales. (Anheuser-Busch, U.S. …

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Bill Gates’ Foundation Made A Nearly $100 Million Bet On Bud Light …

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Sep 6, 2023 · New York (CNN) — Bud Light’s parent company is having a miserable year. But there’s at least one prominent investor who believes in Anheuser-Busch: Bill Gates’ foundation …

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Bill Gates' Nearly $100M Bud Light Bet Is A ‘mistake,’ Ex-Anheuser ...

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Sep 7, 2023 · Despite Bud Light’s parent company Anheuser-Busch’s recent struggles, billionaire investor Bill Gates has poured nearly $100 million into the beer maker. A former executive of …

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Bill Gates Bets Nearly $100 Million On Beleaguered Bud Light …

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Sep 15, 2023 · Bill Gates’ big bet on Bud Light is a ‘mistake,’ former Anheuser-Busch exec says "Bill Gates is definitely making a mistake," former Anheuser-Busch executive Anson Frericks …

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FAQs about Bill Gates made a nearly $100 million bet on Bud Light - WVLT Coupon?

Will Bill Gates bet $100 million on Bud Light maker AB InBev?

Bill Gates Bets Nearly $100 Million on Beleaguered Bud Light Maker Anheuser-Busch InBev. Here's Why It Could Pay Off. The Bill & Melinda Gates Foundation Trust bought over 1.7 million shares of Anheuser-Busch InBev in Q2. AB InBev has felt the brunt of a boycott of Bud Light this year. However, there are several reasons why the stock could rebound. ...

Does Bill Gates believe in Anheuser-Busch?

Link Copied! Bud Light’s parent company is having a miserable year. But there’s at least one prominent investor who believes in Anheuser-Busch: Bill Gates’ foundation trust. ...

Does Bill Gates still believe in AB InBev?

AB InBev is strong despite the Bud Light controversy. Bill Gates still has faith in Bud Light’s parent company AB InBev —even though the low-cost beer has lost pole position in the industry. ...

Should Bill Gates buy Bud Light?

Frericks argued, given the company’s recent struggles to resonate with its primary consumers, Bill Gates is “not necessarily” going to connect with the “everyday” beer drinker. Bill Gates’ purchase comes amid financial woes for the company after a controversial Bud Light marketing campaign sparked a boycott from some conservatives. ...

Will Bill and Melinda Gates Foundation Trust buy AB InBev?

In the quarter ended June 30, AB InBev posted a 10.5% decline in US revenues. But that hasn’t seemed to matter to the Bill and Melinda Gates Foundation Trust, which has laid an optimistic bet on the company. The foundation bought 1.7 million shares, worth over $96 million, in AB InBev during this period, an Aug. 14 regulatory filing shows. ...

Did Bill Gates lose money on a-B?

The company’s subsequent response then angered members of the LGBTQ community. But Gates’ trust has lost money on his investment so far: A-B’s stock is down nearly 2% since the purchase. The stock is down about 7% for the year. Last month, A-B said that its US revenue fell 10% in the second quarter, hampered by falling Bud Light sales. ...