Bill Gates has put his bets on Bud Light's comeback after the tech mogul bought 1.7million worth of shares from the disgraced brand's parent company.

The Microsoft founder, 67, acquired the Bud Light shares via his Bill & Melinda Gates Foundation Trust during the second quarter of this year. 

The shares hold a market value of approximately $95 million, reports TipRanks.

His investment comes as Anheuser-Busch Companies are still reeling from the effects of their partnership with trans influencer Dylan Mulvaney on April 1. The videos and images posted by her caused nationwide boycotts of the beer.

This is not the first time that Gates has invested in the global beer industry after making a much more sizeable purchase months ago.

Gates invested $939.87million in Heineken stock at the onset of the Bud Light controversy after their disastrous partnership with Mulvaney. 

He acquired 10.8 million shares on February 17, according to the Netherlands Authority for Financial Markets filing. 

And earlier than that in 2007, Gates made a $392 million purchase of a stake in FEMSA - whose brewery was sold to Heineken in 2010. 

Bud Light has seen its sales plummet even further amid ongoing backlash to its disastrous collaboration with trans influencer Mulvaney.

The beer giant lost its place as America's No. 1 beer brand to Modelo Especial due to the controversy, a position it held for over 22 years.