Saudi Prince Buys $300 Million Twitter Stake

Gadgehit writes: "Saudi Prince, Al-Waleed bin Talal, has bought a $300 million stake in social network, Twitter. Forbes estimates that Al-Waleed is the 26th richest person in the world, and is a big investor in the world’s top companies. He already owns a 7% stake in News Corp and is planning to start a cable news channel."

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gaffyh4001d ago

Will be interesting to see how much of a percentage this actually buys him. The IPO still hasn't been announced, so it's a bit of a pre-emptive strike.