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FINANCIAL NEWS
Prince Alwaleed’s stake in Twitter reaches USD1.2 b
30 Dec 2013
(MENAFN) Stake of Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud in the US social media platform Twitter is now estimated at USD1.2 billion, according to Arabian Business.
The prince has invested USD300 million worth in an initial investment in Twitter.
The more-than-doubled initial investment represents a further growth on the USD900 million that Saudi billionaire’s Kingdom Holding said the stake was worth in November.
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