The $300m deal has caused some alarm, but this royal family member is much more progressive than his relatives
According to Wikipedia
Prince Al-Waleed bin Talal (also spelled Waleed bin Talal) (Arabic: الوليد بن طلال بن عبد العزيز آل سعود; born 7 March 1955) is a Saudi Arabian businessman and investor. He is a member of the Saudi royal family. He is the nephew of King Abdullah of Saudi Arabia. An entrepreneur and international investor he has amassed a fortune through investments in real estate and the stock market.
He is founder, CEO and 95%-owner[2] of Kingdom Holding Company. As of March 2011, his personal wealth is estimated to be US$19.6 billion by Forbes, making him the 26th richest person in the world and richest Saudi Arabian.[1] This listing also ranks him as the richest Saudi Arabian in the world. He has been nicknamed by Time magazine as the "Arabian Warren Buffett".[3]
Ahmed Halawani, executive director of private equity and international investments at Kingdom Holding says:
“Social media will fundamentally change the media industry landscape in the coming years. Twitter will capture and monetize this positive trend.”
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