The Bill Gates Foundation bet Bud Light for almost $100 million
The parent company of Bud Light is having a terrible year. Bill Gates’ foundation trust is one prominent investor who supports Anheuser-Busch, though. According to a regulatory filing, the Bill and Melinda Gates Foundation Trust purchased 1.7 million Anheuser-Busch shares last quarter for about $95 million, showing its trust in the brewer despite a sharp…