This is certainly not news that will win former fans of Bud Light back.
Fox Business reported Wednesday that far-left Microsoft founder Bill Gates has made a huge bet on Bud Light bouncing back from the disastrous boycott that has caused sales to plummet. As Gateway Pundit readers know, this all started when they made fake woman Dylan Mulvaney the face of their marketing campaign.
How confident is Gates? It turns out the Bill and Melinda Gates Foundation Trust purchased a whopping 1.7 million shares of Anheuser-Busch InBev (Bud Light’s parent company) last quarter. The total value of the deal is approximately $95 million.
He is certainly taking a bit of a gamble going all in on. In the second quarter, Anheuser-Busch InBev reported a massive drop in profits in the second quarter. Fox Business reports U.S. revenue fell 10.5% in the second quarter, while earnings before taxes, interest and depreciation fell 28.2%.
Bud Light also lost its position as America’s top-selling beer to Modelo, a Mexican beer import. Moreover, the company has laid off hundreds of workers after going woke.
To add even more insult to injury, Bud Light has become a running joke and cautionary tale. When other companies go woke and cost themselves money, Americans respond by saying they have been Bud Light’d.
Americans greeted the news of Gates’s big bet with mockery.
https://twitter.com/JoeyMannarinoUS/status/1699526289466483104
Bud Light Welcomes New Investor Bill Gates With Limited Edition Jeffrey Epstein Cans https://t.co/Q3c8pe4MGH pic.twitter.com/KoFeq8N8dM
— The Babylon Bee (@TheBabylonBee) September 6, 2023
Bill Gates invests nearly $100M in Bud Light shares
Lesson for everyone:
Take his investment advice the same way you take his Covid advice.
Don't listen to Bill Gates. pic.twitter.com/oXgLzT9h8n
— Ben Timofeyev (@BenTimofeyev) September 6, 2023
With Bill Gates buying 1.7 million shares of Anheuser Bush, maybe he wants to change the Bud Light formula to accomplish his population reduction goals. pic.twitter.com/3DwwDiqxJb
— Wayne Kuykendall (@WayKuy4truth) September 6, 2023
https://twitter.com/NoEarthContext/status/1699433705184330229
Don’t celebrate too much over Gates’s likely misfortune, though. Outback.com notes that the infamous globalist is worth $100 billion. He has plenty of money left to burn.
