Posted on 09/06/2023 9:12:50 AM PDT by Red Badger
Billionaire Bill Gates has bought a whopping 1.7 million shares of Anheuser-Busch, the anti-American umbrella company of Bud Light.
Gates bought the Anheuser-Busch shares through his Bill & Melinda Gates Foundation Trust.
Gates’ shares have a market value of $95 million, according to TipRanks.
The Microsoft founder’s investments come as Anheuser-Busch is still dealing with the fallout from its disastrous partnership with transgender TikTok influencer Dylan Mulvaney.
Is this another reason never to drink Bud Light Again?
While Anheuser-Busch may be enjoying the influx of cash, the Bill Gates name being added to Bud Light, a brand that wants humans to consume its products, can’t be good.
As The Daily Mail noted, Gates invested $939.87 million in Heineken stock at the onset of the Bud Light controversy.
He acquired 10.8 million shares on February 17, according to the Netherlands Authority for Financial Markets filing.
And earlier than that, in 2007, Gates made a $392 million purchase of a stake in FEMSA – whose brewery was sold to Heineken in 2010.
In August, Anheuser-Busch laid off hundreds of US workers as it reported a $395 Million in its second quarter.
Anheuser-Busch has suffered declining sales since its ‘woke’ marketing disaster, and things will not recover.
Earlier this year, the two pro-trans marketing executives responsible for destroying the Bud Light brand were fired by Anheuser Busch.
“To my understanding, if we publicly announced the word ‘fire,’ it opens up the potential for them to sue us. That’s why we said leave of absence,” said the source in a text message to the Daily Caller.
“The wholesalers would have had an absolute HAY DAY with leadership if they didn’t remove her.” (Or maybe a field day?)
“To be fair- Daniel Blake was actually awesome. I think he was just caught in the crossfire. But also he did hire her… so thats a fault,” the source continued.
“Wholesalers were told they are both gone for good by leadership during in-person conversations. They already shifted all their direct reports to new people and the head of marketing,” they sai
Gates just wants to make money off of the Busch son who said he was going to buy the company back.
Is Bud Light the vehicle by which he intends to administer his new vaccines?
Get it while it’s cheap. Gates is no fool. The only time it’s dumb to buy a stock like this when it appears to be down for the count is if it really IS. Usually companies recover from short term stupidity. It’s the long term errors that might lead to a total collapse of a company’s stock. Like Montgomery ward.
Well, InBev does have 650 other brands of beer, including Corona, LaBatt, Beck’s, and Forster. You’d have to look at the overall business.
How do you ruin a ruined brand? Get Bill Gates to endorse it.
....and Circuit City, K-Mart, Sears, JC Penneys.........................
From bad to worse. Poster boy for wimpy fat pedo nerd with moobs who sells beer. What’s he gonna call it? Gates of Hell Brew?
Exactly.
Some companies experience missteps, and sometimes pretty severe. But sometimes they are going to be going away. I suspect Anheuser Busch. isn’t going anywhere.
But then, that’s what people thought about a lot of the companies on your and my list.
I was going to say, Bud Light may continue to suffer, but AB as a company has other products to fall back on.
BUY LOW...
so will gates be the new transgender face affixed to the failing company? Will he be seen with his trademark pink sweater?
Anheuser-Busch Inbev was around $66 when the boycott began. It is bouncing off a resistance level of about $55.86. I can see why someone would buy from technical standpoint.
Buy on the down side...................
You raise a good point. (Better than raising a Bud.)
With Bill on board, what will they call it? "Nerd Beer"? "Geek Chic"? "Gumby Punch"?
This is how Gates is planning to vector the next contagion against the lower middle class. Sneak the virus into the Bud Lite recipe and cut the price!
Badda Bing! Badda Boom!
“With Bill on board, what will they call it? “Nerd Beer”? “Geek Chic”? “Gumby Punch”?”
Or “Covid booster in can”.
Buying the stock while it’s down.
To all you accountants out there I’m sure you’ve heard the term “write off.” Buy low, buy plenty, and let it die.
wy69
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