after Dylan Mulvaney partnership tanked value Bill Gates has put his bets on Bud Light's comeback after the tech mogul bought 1.7million worth of shares from the disgraced brand's parent company.
The Microsoft founder, 67, acquired the Bud Light shares via his Bill & Melinda Gates Foundation Trust during the second quarter of this year.
The shares hold a market value of approximately $95 million, reports TipRanks.
His investment comes as Anheuser-Busch Companies are still reeling from the effects of their partnership with trans influencer Dylan Mulvaney on April 1. The videos and images posted by her caused nationwide boycotts of the beer.