Saudi Prince Alwaleed Doubles His Ownership of Twitter Stock | Fortune
'Prince Alwaleed bin Talal, the Saudi billionaire, doubled his investment in Twitter over the past six weeks, the Associated Press reports. '
'According to the SEC filing, Prince Alwaleed now holds 30,100,000 shares of the company while Kingdom Holding Company, his investment company of which he’s the chairman, holds 4,850,000 shares. '
'He and his company originally invested $300 million in Twitter back in 2011 before it went public in 2013. '
'Combined, this adds up to over 5% of the social media site’s stock and a market value of $1 billion. '
' The company hopes that this will help draw in new users and more deeply engage with existing ones. '
AndrewBlazeIt ago
Yeah, sound investment.
Tallest_Skil ago
I thought he was executed.
Paranoiaattack ago
I thought this fuck was arrested
derram ago
https://archive.fo/3vGmC :
'Prince Alwaleed bin Talal, the Saudi billionaire, doubled his investment in Twitter over the past six weeks, the Associated Press reports. '
'According to the SEC filing, Prince Alwaleed now holds 30,100,000 shares of the company while Kingdom Holding Company, his investment company of which he’s the chairman, holds 4,850,000 shares. '
'He and his company originally invested $300 million in Twitter back in 2011 before it went public in 2013. '
'Combined, this adds up to over 5% of the social media site’s stock and a market value of $1 billion. '
' The company hopes that this will help draw in new users and more deeply engage with existing ones. '
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