Saudi Prince Alwaleed's Kingdom Holding raises Twitter stake

Saudi Arabian billionaire Prince Alwaleed bin Talal and his investment firm Kingdom Holding now together own more than 5 percent of Twitter Inc, the prince's office said on Wednesday. Kingdom Holding has paid $50 million to double its stake in the microblogging site to 0.72 percent, the Riyadh-based company said in a separate bourse statement. Prince Alwaleed personally owns 30,100,078 Twitter shares, or 4.45 percent of the company, according to Reuters calculations, accounting for the bulk of t