Allah is great! Saudi prince invests in Twitter

Prince Alwaleed bin Talal invested $300 million in Twitter.

Prince Alwaleed bin Talal, a nephew of King Abdullah of Saudi Arabia is forking out $300 million dollarsthat’s $300 followed by six zeros – investing it in Twitter.

According to Reuters:

The Twitter stake, bought jointly by Alwaleed and his Kingdom Holding Co investment firm, resulted from “months of negotiations,” Kingdom said.

The investment was a secondary market transaction, meaning that Alwaleed and Kingdom Holding bought the Twitter shares from existing shareholders, rather than making a direct investment, according to a person familiar with the matter.

Meanwhile, Prince Alwaleed bin Talal is being accused in Spain of raping a model in 2008 and he’s currently one step away from investigation.

 

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Comments

3 Responses to “Allah is great! Saudi prince invests in Twitter”
  1. BullS says:

    So they control the internet media.

  2. Petrol is running out!!
    This is a sigh of petrol crisis!

  3. Nancy says:

    Hello! I’m an idiot with a fake name posting from behind the proxy IP 99.198.127.150 and tried to badmouth DomainGang. I am very sorry and I hope I don’t burn in hell by Allah for saying the “F” word!

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