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Prince Alwaleed Meets Twitter’s Founder & Chairman in Paris

September 3, 2014

 

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), conducted a business lunch with Mr. Jack Dorsey, Founder and Chairman of Twitter and Mr. Suhail Rizvi an investor in Twitter at The Four Seasons Hotel George V in Paris. 

 

During the meeting, Mr. Dorsey thanked the Prince for giving him the opportunity to meet with him. Moreover, the two discussed the latest technical, financial and organizational developments in Twitter.

 

Furthermore, Prince Alwaleed and KHC “strategic investment” in Twitter has increased from $300 Million to approximately $1.2 Billion since Twitter’s IPO.

 

The meeting was also attended by HRH Prince Khaled Bin Alwaleed Bin Talal Bin Abdulaziz Alsaud, Mr. Naief Alzuhair, Website and Social Media Manager, Corporate Communications Department and Mr. Fahad Bin Saad Bin Nafel, Executive Assistant to HRH the Chairman. 

 

KHC was founded in 1980 and become publicly traded and listed on Tadawul (the Saudi Stock Exchange) in 2007.  KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally. The Company is recognized as one of the largest foreign investors in the United States. KHC’s portfolio has its major interests in investment categories ranging from luxury hotels management companies (Four Seasons Hotels and Resorts, Fairmont Raffles Holding, Mövenpick Hotels, and Swissotel), real estate (Kingdom Tower and project in Jeddah and Kingdom Riyadh project) to hotel real estate investments such as (The Plaza, New York, Savoy Hotel, London and Four Seasons, George V Hotel, Paris and other hotels). KHC also has investments in Petrochemical (Tasnee), Media and Publishing (News Corporation, Fox, and Saudi Research & Marketing Group), as well as in Entertainment (Euro Disney – Paris). In addition, Finance and Investment services (Citigroup), Social Media and Technology (Twitter and Jingdong). The Company has investments in Education (Kingdom Schools), Health Care (Medical Services Projects Company), and Aviation (NAS Saudi Arabia).