Bill Gates Bets Big on Bud Light Comeback After Backlash Over Transgender Partnership

Bill Gates purchased nearly $100 million in Anheuser-Busch shares as the company struggles with slumping Bud Light sales.
Bud Light faced conservative backlash after partnering with a transgender influencer, causing it to lose its #1 sales spot to rival Modelo.
Anheuser-Busch announced layoffs and its stock price has declined, but Gates' investment signals confidence in a rebound.
To win back customers, Bud Light aims new ads at its core demographic of football fans and mainstream American culture.
Gates also holds major investments in AB InBev competitors Heineken and Heineken Holding.