To be precise in 2026, Busch is not owned by Budweiser; rather, both brands are owned by the same parent company, Anheuser-Busch InBev (AB InBev). Anheuser-Busch is the iconic American subsidiary that produces both the Busch and Budweiser families of beers. While Budweiser is often referred to as the "King of Beers" and serves as the flagship global brand, Busch was introduced in 1955 as the company's first new brand after Prohibition, originally named "Busch Bavarian Beer." In the corporate hierarchy of 2026, they are "sibling" brands. Anheuser-Busch itself was acquired in 2008 by the Belgian-Brazilian company InBev, forming the global giant AB InBev, which currently manages a portfolio of over 500 brands including Stella Artois, Michelob Ultra, and Corona (outside the U.S.). So, while they share the same breweries, marketing resources, and parent company, they remain distinct product lines targeted at different segments of the beer-drinking market.