Gates Foundation Buys Nearly $100 Million , Worth of Anheuser-Busch Shares. Anheuser-Busch is still reeling from the fallout of transphobic backlash over Dylan Mulvaney partnering with Bud Light. Anheuser-Busch is still reeling from the fallout of transphobic backlash over Dylan Mulvaney partnering with Bud Light. But the Bill and Melinda Gates Foundation is betting that the beer-maker will stage a comeback. But the Bill and Melinda Gates Foundation is betting that the beer-maker will stage a comeback. Last quarter, Gates' foundation trust bought 1.7 million shares of Anheuser-Busch which were valued at $95 million, CNN reports. . Last quarter, Gates' foundation trust bought 1.7 million shares of Anheuser-Busch which were valued at $95 million, CNN reports. . However, Anheuser-Busch's stock is down about 2% since the purchase, which means the trust is losing money on its investment currently. . For the year, the stock has dropped about 7%. . The beer company's U.S. revenue dropped 10% in Q2 because of Bud Light sales, CNN reports. . Sales to American retailers dropped by 14%. Modelo ultimately surpassed Bud Light in sales for the first time ever. Anheuser-Busch announced U.S. corporate layoffs in July that would affect "less than 2%" of employees. Earlier this year, the Gates foundation trust also purchased close to $1 billion in Heineken Holding shares. . Earlier this year, the Gates foundation trust also purchased close to $1 billion in Heineken Holding shares.
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