Bill Gates Buys 1.7 Million Shares Of Anheuser-Busch

(TargetDailyNews.com) – Bill Gates recently bought 1.7 million shares in Anheuser-Busch, the parent company of Bud Light in an effort to help the company rebound after enduring a massive boycott from customers over its controversial partnership with transgender social media influencer Dylan Mulvaney.

The 67-year-old billionaire and Microsoft founder invested in the company during 2023’s second quarter. The purchase was made through the Bill and Melinda Gates Foundation Trust. Gates bought the shares for approximately $95 million.

The news comes as Anheuser-Busch is still reeling from its disastrous partnership with Mulvaney. During the April-June period of 2023, the beer brand’s sales in the U.S. plummeted 10.7%, losing its place as the nation’s top-selling beer.

The company doesn’t appear to be making it any easier for itself either, attempting to return to regularly scheduled programming as if the controversy had never happened. It has so far not backtracked on its original partnership with Mulvaney and has offered no apology to its now ever-shrinking customer base.

The controversy is believed to have affected the company so badly due to the demographics of Bud Light consumers, who are typically more conservative. Furthermore, its recent cash infusion from Bill Gates may also scare even more customers away, as the Gates name has also attained a negative connotation among American conservatives. During the COVID-19 pandemic, Gates attempted to assume a quasi-public health official status, encouraging people to get the COVID-19 vaccine. Gates also has a negative connotation with conservative voters due to his mysterious connection with Jeffrey Epstein. Gates met with Epstein repeatedly, sometimes at his mansion, after he was convicted of prostituting underage girls.

People such as Gates and Center for Disease Control (CDC) Director Anthony Fauci are all generally lumped together by conservatives as people who favored and still continue to advocate for pandemic-era lockdown mandates that shut down the entire country in 2020, invoking an artificial economic recession.

Copyright 2023, TargetDailyNews.com