Things That Make You Go Hrmmm: Bill Gates Makes MEGA Investment, And It's Raising A LOT Of Eyebrows

Written By BlabberBuzz | Thursday, 07 September 2023 02:30 PM
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Bill Gates, through the Bill and Melinda Gates Foundation trust, has acquired 1.7 million shares of Anheuser-Busch Inbev during the second quarter of this year.

The market value of Gates' investment in the beer giant is estimated at $95 million. This move comes as Anheuser-Busch Inbev faces challenges following its Bud Light fiasco and a decline in sales.

Over the past six months, the company's share price has fallen nearly nine percent, with a three percent drop in the past five days. The decline in sales can be attributed to the backlash against the customized Bud Light can featuring Dylan Mulvaney's face, which resulted in a $6 billion loss in market value.

However, Gates' acquisition of 1.7 million shares suggests that he sees potential for the company to make a comeback with consumers. Morgan Stanley analyst Sarah Simon believes that the beer giant's growth in emerging markets, particularly in the Asia Pacific region, will help offset the loss in the U.S. market. Simon predicts that profitability growth will resume in 2024, with strong cash flow driving leverage and allowing for an increase in the payout ratio and share buybacks.

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Despite this optimistic outlook, Bud Light continues to struggle in the American market. Modelo, a competing brand, has been widening its lead over Bud Light in retail establishments. Recent NielsenIQ data shows that Bud Light sales in off-premise locations have declined by 15.9 percent on a dollar basis and 20.1 percent on a volume basis year to date as of August 19. In contrast, Modelo has seen a 10.3 percent increase in sales and a 9.6 percent increase in volume.

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In addition to his investment in Anheuser-Busch Inbev, Bill Gates has recently made headlines for his questionable behavior towards women. It was revealed that women seeking employment at his private office were subjected to sexually explicit questions during background checks. Some of the questions included inquiries about extramarital affairs, preferences in pornography, and the presence of nude photographs on their phones. Gates Ventures, the organization responsible for the background checks, claimed to be unaware of such practices and stated that they would be considered a violation of their agreement with the contractor.

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This behavior is not new for Gates, as Microsoft insiders have referred to him as an "office bully" who pursued affairs with women in the office. Furthermore, Gates' close relationship with Jeffrey Epstein, which he has attempted to downplay, has raised concerns. Most recently, Gates initiated an affair with a young Russian bridge player, further complicating his public image.

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