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.
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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.
[Yeah, that’ll work. Does anyone think for a moment that Bill Gates has keen insight into Bud Light or its customer base? If anything, Gates was the kind of consumer that Alissa Heinerscheid was pitching with the “you should be ashamed of yourself for enjoying our fratty humor” attitude and Dylan Mulvaney partnership. — Ed]
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