![TFD [LOGO].png](https://static.wixstatic.com/media/1c4fd3_548a902f0e634d898458c2078da13fc9~mv2.png/v1/crop/x_67,y_226,w_358,h_43/fill/w_169,h_20,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D.png){kind=small}
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D%20(10).png)
Bud Light's parent company is facing a challenging year, but there is at least one prominent investor who believes in Anheuser-Busch: the Bill Gates Foundation Trust, Jordan Valinsky reported this for CNN.
During the last quarter, the Bill and Melinda Gates Foundation Trust acquired 1.7 million shares of Anheuser-Busch, valued at approximately $95 million.
During the last quarter, the Bill and Melinda Gates Foundation Trust acquired 1.7 million shares of Anheuser-Busch, valued at approximately $95 million, as indicated in a regulatory filing.
This move signals Bill Gates' confidence in the beer company, which has been grappling with a significant sales decline for one of its flagship beers.
Gates Foundation Trust purchased the stock around the time when A-B reported earnings that included the impact of Bud Light's collaboration with transgender influencer Dylan Mulvaney.
However, Gates' trust has experienced a loss on this investment thus far, with A-B's stock declining by nearly 2% since the purchase. The stock is down approximately 7% for the year.
