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Saudi prince Alwaleed bin Talal has invested $300 million in Twitter. With Twitter's worth currently estimated at $8 billion, the investment amounts to a 3.75% stake. The prince, who is the second largest investor in Rupert Murdoch's News Corporation, has taken the stake with his Kingdom Holding Company investment firm. "Our investment in Twitter reaffirms our ability in identifying suitable opportunities to invest in promising, high-growth businesses with a global impact," said Alwaleed in a statement.
Related News: Prince Alwaleed’s Kingdom Holding may acquire 3% Twitter share
Read More at The Guardian