Former Anheuser Busch Exec: Bill Gates's Bud Light Investment a Mistake

Former Anheuser-Busch Executive Anson Frericks has called Bill Gates’s nearly $100 million investment into Bud Light stock a mistake.

​​“For the company’s sake, they’d probably be better off [with] maybe somebody who is more of, kind of the everyman type of person, maybe like a Rob Gronkowski or somebody like that was investing into Anheuser-Busch, not necessarily somebody like Bill Gates,” Frericks said. Transgender activist Dylan Mulvaney, a man living as a woman, showcasing his personalized Bud Light can in April 2023. “You see Bud Light still just stubbornly down around 30% in volume compared to last year, which is where it’s been since May or June,” SchuhmacherSince August, Bud Light’s sales have been down around 26.9 percent, according to Bump Williams Consulting.

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