The Bill & Melinda Gates Foundation Trust increased its stake in Warren Buffett-owned Berkshire Hathaway in the second quarter of 2023, and also bought a stake in JSE-listed Anheuser-Busch InBev. These investments helped to boost the value of the foundation’s stock portfolio to a record high of $42.06 billion. Anheuser-Busch InBev is the world’s largest beer brewer by both volume and revenue. It operates more than 600 beer brands in 150 countries.