Prince Alwaleed bin Talal looks like a supervillain, owns Twitter.

When it comes to investing, the oil-rich leaders of Saudi Arabia are more than willing to put their money where their mouths are, and the biggest investor of all the house of Saud is Prince Alwaleed bin Talal.  Prince bin Talal owns a chunk of Newscorp and is the largest individual investor in Citi Group, and his Kingdom Holdings company is a heavyweight in the investment world.  Where his money goes, success usually follows.  Saudi Prince Alwaleed bin Talal just bought $300 million worth of microblogging service Twitter.

“The company believes that social networking will change the fundamentals of the media industry.  I expect Twitter does not need further funding before going public,” said Ahmed Halawani, one of Kingdom Holding’s directors.

Kingdom Holdings owns a strategic holding stake in Twitter, meaning a chunk of shares making up at least 3 percent of Twitter.  The investment gives Twitter a valuation of $10 billion dollars; a previous $800 million buy-in by Russian billionaire Yuri Milner valued Twitter at $8 billion.  It is believed that Kingdom Holdings is buying up Twitter stock while waiting for Twitter to go public.  It is believed Twitter, with continued record growth, will go public in 2 years.

Tags: Alwaleed bin Talal, Saudi Arabia, Kingdom Holdings,  Alwaleed bin Talal buys 0 million of Twitter, Twitter, stock, investing, social networking, microblogging, Kingdom Holdings buys significant stake in Twitter, Saudi prince buys 0 million of Twitter,  Ahmed Halawani, strategic holding, Yuri Milner

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