Staff Reports
Bill Gates, the controversial billionaire known for his ties to Jeffrey Epstein and his questionable behavior towards women, has made a bold move by acquiring 1.7 million shares of Anheuser-Busch Inbev through the Bill and Melinda Gates Foundation trust. With a market value of $95 million, Gates seems to have confidence in the beer giant’s ability to recover from its Bud Light disaster.
Anheuser-Busch has struggled in recent months, with its share price falling nearly nine percent in the past six months. The stock has been down over three percent in just the past five days. This decline can be attributed to Dylan Mulvaney’s ill-conceived marketing stunt, where he flaunted a customized Bud Light can with his face on it. The nationwide backlash against this campaign resulted in a staggering $6 billion loss in market value.
Despite this setback, Gates sees potential in Anheuser-Busch’s growth in emerging markets, especially in the Asia Pacific region. Morgan Stanley analyst Sarah Simon believes that the company’s strong cash flow growth and target leverage will drive profitability in the coming years. However, Bud Light continues to struggle in America, with Modelo surpassing it in sales and volume.
This acquisition by Gates raises eyebrows, considering his controversial personal history. Recently, it was revealed that women seeking employment at his private office were asked sexually explicit questions. These inappropriate practices are reminiscent of Gates’ past behavior, where he was referred to as an “office bully” pursuing affairs with women in the workplace.
Furthermore, Gates’ close relationship with Jeffrey Epstein, which he continually tries to downplay, has further tarnished his reputation. It even led to him initiating an affair with a young Russian bridge player. With these ongoing scandals, it’s surprising that Gates would make such a public investment in a company that is already struggling.
In conclusion, Bill Gates’ acquisition of shares in Anheuser-Busch raises questions about his judgment and moral compass. While the beer giant may see potential in emerging markets, its struggles in the US market and Gates’ own controversial history cast doubt on the success of this investment. Perhaps Gates should focus more on improving his own image and addressing the serious allegations against him, rather than pouring millions into a beer company.
