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March/April 2012
Saudi Billionaire Prince Considers $300M Twitter Stake
Billionaire Saudi Prince Alwaleed bin Talal is reportedly looking into getting his hands on hundreds of millions of dollars worth of stock in Twitter.
Prince Alwaleed’s Kingdom Holding is examining taking a $200-$300 million stake in San Francisco-based company’s co-founders that would equate to a stake of about 3%.
Prince Alwaleed is ranked by Forbes as the 26th richest person in the world with about $19.6 billion in assets. He already holds a 7% stake in FOX Business and Sky News parent News Corp, which is run by Rupert Murdoch.
Source: foxbusiness.com
Oct 21, 2011 12:07 PM
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Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud has announced, as means of proof against some harsh accusations (a cheating scandal with a mystery woman to be exact), his 26-member entourage.
The former owner of Uralkali, a Russian fertilizer maker known as a Billionaire, Dmitry Rybolovlev just recently purchased a controlling stake in the Monaco soccer club. Back in 2010, the Russian billionaire sold his controlling stake in Uralkali to investors which were led by another billionaire, S...
In Benedict Canyon, Saudi Prince Abdulaziz ibn Abdullah ibn Abdulaziz al Saud is causing a stir with his neighbors as he plans to build a 60,000 square foot mega-compound on three parcels of land.
According to the records, Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud (known as Al Waleed to his pals) travels with an entourage of 26 people.
Roman Abramovich arrived in the French port of Antibes this week aboard his boat, Eclipse, which is the largest yacht in the world at more than 530 feet, and couldn't find suitable parking.
Look out, Dubai – Saudi Arabia is set to begin building the world’s tallest skyscraper in a bid to outdo Dubai’s record-breaking skyscraper, which was inaugurated less than two years ago.
In 2016, Dubai’s Burj Khalifa will be displaced from its role as the world’s tallest tower. The contender: the Kingdom Tower in Jeddah.
LVMH teamed up with Citic Private Equity Funds to acquire a 10 percent stake in the Chinese fashion brand Ochirly, marking the first time that L Capital (the private equity firm of LVMH) has taken a direct stake in a mainland company
It looks as if the Mediterranean hotspot of Majorca is the site of an unofficial battle of the megayachts. DreamWorks founder and show biz tycoon David Geffen recently arrived in his 376-ft. 'Pelorus', which was purchased for $300 million from wealthy Russian oligarch Roman Abramovich a couple of mo...
Jaeger-LeCoultre's CEO announced that he sees vast potential for the luxury watch market in Saudi Arabia.
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Los Angeles
March/April 2012
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