[ad_1]
Cairo:
Saudi Arabia’s Kingdom Holding Firm and the non-public workplace of Prince Alwaleed Bin Talal stated on Friday that they may proceed their possession of Twitter shares valued at $1.89 billion after Elon Musk’s takeover of the social media firm, in keeping with a press release tweeted by Prince Alwaleed.
Elon Musk took possession of Twitter Inc on Friday and the self-described free speech absolutist has stated his need is to see the corporate have fewer limits on content material that may be posted on the influential social media platform.
Alwaleed’s Kingdom Holding is 16.9% owned by Saudi Arabia’s sovereign wealth fund chaired by crown prince Mohammed Bin Salman.
Prince Alwaleed bin Talal rose to worldwide prominence after making a giant profitable guess on Citigroup Inc(C.N)within the Nineties and he was an early investor in Apple Inc.
The prince has additionally made a whole lot of hundreds of thousands of {dollars} by investing in corporations comparable to Uber Applied sciences Inc to Twitter Inc.
(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)
Featured Video Of The Day
[ad_2]
Source link
