Saudi Prince Alwaleed Reveals Snapchat Stake of 2.3 Percent

Posted on 08/07/2018


Saudi Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, through his private investment office, revealed that he acquired a 2.3% stake in class A shares in Snapchat worth US$ 250 million. This investment was built up and finalized on May 25, 2018 with an approximate average cost of US$ 11 per share. Music streaming platform Deezer […]