Saudi billionaire has bought shares in Twitter for $ 300 million

The billionaire from Saudi Arabia and also the nephew of Saudi King Abdullah, Prince Al Waleed bin Talal, and his company, Kingdom Holding Company bought a stake in microblogging network Twitter for $ 300 million According to the company Kingdom, multi-million dollar investment was "the result of months of negotiations." "Our investment in Twitter confirms our ability to identify suitable opportunities for investment in promising and rapidly growing companies that have global significance," - said Al-Walid. Based on assessments by experts, for $ 300 million could buy it from 3.5% to 4% of Twitter. Note that Prince Al-Waleed is an investor in a number of Western companies, including Citigroup and News Corp. Meanwhile, his wife - Princess Amira al-Tawil - a big fan of microblogging. She writes regularly on Twitter in English and Arabic. Entries princess read more than 30 thousand followers. As reported in early December, microblogging service Twitter has launched a massive update interface, including a new design of pages and tabs on the connection (@ Connect) and in the course (# Discover).