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Isn't a large part of Twitter owned by Saudi interests?
by Romanulus 7y ago
Isn't a large part of Twitter owned by Saudi interests?
- freddie_mercury 7y agoNope. You could have just Googled "twitters largest stockholders" but the answer is: The largest stockholders of Twitter are all US mutual funds. Vanguard owns 10%, Morgan Stanley owns 5%, BlackRock owns 5%, StateStreet owns 4%, Fidelity owns 2%, etc. Really nothing comes to close to the index funds. Vanguard, BlackRock, State Street own 20% of pretty much every company.
- drak0n1c 7y agoThat's not a complete picture, Prince Alwaleed owned 4.9% of Twitter as recently as the end of 2016 (the alleged espionage happened before this). It is unknown how much he owns now after his late 2017 detainment, presumably shares were either sold off, seized by Saudi authorities, or both. It's not unusual for ownership to be split among smaller entities, and there is no requirement for US companies to consolidate myriad unknown foreign stock holders into specific entities in their reports. https://www.cnbc.com/2017/11/05/citigroup-twitter-held-by-detained-billionaire-alwaleed-bin-talal.html https://www.cnbc.com/2017/11/05/citigroup-twitter-held-by-de...