10 Best Alcohol Stocks to Buy According to Billionaires

5. Brown-Forman Corporation (NYSE:BF-B)

Number of Billionaire Holders: 11

Ranked at number 5 in our list of the Best Alcohol Stocks According to Billionaires is Brown-Forman Corporation (NYSE:BF-B), a major player in the global spirits industry that engages in the production and distribution of alcoholic beverages.

Brown-Forman Corporation (NYSE:BF-B) had a mixed Q3 2025 with reported net sales decreasing 3% YoY to around $1 billion, missing market estimates by over $42.3 million. However, the company’s EPS of $0.57 beat estimates by $0.11. The spirits giant recently announced a series of initiatives to save costs and improve profitability, including reducing its global workforce by almost 12% and closing down its Louisville cooperage. Brown-Forman expects organic net sales growth for the full-year 2025 to be in the 2% to 4% range. That said, the company is a major exporter of American whiskey to Canada and Europe and its sales are expected to take a significant hit if the recently announced tariffs remain in place.

Despite a tough quarter, Brown-Forman Corporation (NYSE:BF-B) announced a quarterly cash dividend of $0.2265 per share last month, reflecting its commitment to its shareholders. The company is a proud member of the prestigious Dividend Aristocrats Index, having paid regular quarterly cash dividends for 81 consecutive years and increased its dividend for 41 years in a row.