Saudi Prince Alwaleed bin Tala has made a $300 million investment in Twitter through his firm Kingdom Holding, Bloomberg is reporting.
Twitter did not immediately respond to questions about the investment, but Bloomberg said the prince's company purchased a "strategic stake" in Twitter.
Alwaleed, ranked the richest Arab businessman by Arabian Business Magazine, is a frequent tech investor. He owns stock in or has poured money into Apple, Hewlett Packard, and many others. According to CNET, he was active in the dot-com boom, investing in various Web companies such as Priceline
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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