Posted by on September 6, 2023 6:44 pm
Originally From: TowleRoad

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The Bud Light situation and investment as envisioned by machines.

Invests in Amid Boycotts

Bill Gates recently invested $95 million in Anheuser-Busch, purchasing 1.7 million shares through his Bill & Melinda Gates Foundation Trust. The investment comes as the beer company faces a national boycott led by conservatives, including singer Kid Rock, following a marketing campaign featuring influencer . The campaign led to a nearly 9% drop in Anheuser-Busch’s share price over the past six months.

In February, Gates took a 3.76% stake in Heineken Holding NV, valued at $939.87 million at the time of purchase .

Kid Rock’s Mixed Signals on Boycott

Despite calling for a boycott against Bud Light and Anheuser-Busch, Kid Rock’s Nashville bar, Big Ass Honky Tonk Rock


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