[RC one]

A Saudi prince has increased his holdings in Twitter, making him the company’s second largest shareholder.

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who in 2011 invested $300 million in the social network, now owns 34.9 million shares of Twitter’s common stock, according to a new regulatory filing (pdf).

At nearly 5.2%, his stake in the company is now larger than that of Jack Dorsey, Twitter’s co-founder and newly re-minted CEO, whose 21.86 million shares give him 3.2% of the company, according to FactSet. (The prince previously had a stake of roughly 3%.)

Twitter co-founder Ev Williams remains the company’s largest shareholder, with 46.56 million shares for a 6.9% stake.
https://qz.com/519388/this-saudi-prince-now-owns-more-of-twitter-than-jack-dorsey-does/

[Texas Fossil]

Isn't Alwaleed in jail now? Read somewhere the new crown prince tried to get him to agree to give up some of his fortune for his life and he refused to give the money up and they moved him from nice hotel to dingy prison.

Read rumors that there was an assassination attempt on the Crown Prince and Alwaleed was evidently involved.

Who says SA is boring.