Meet Twitter's Latest Bull: Saudi Prince Alwaleed

• Shares of Twitter Inc TWTR have lost 23 percent year to date and nearly 50 percent from a year ago.
• Prince Alwaleed Bin Talal, a Saudi-national billionaire and investment manager, added to his ownership stake of Twitter on Tuesday.
• According to CNBC, Bin Talal along with his investment firm Kingdom Holding together own more than five percent of Twitter.

SEC filing"large ownership stake"Time Warner IncTWXsignificant interest" in eBay Inc EBAY. The holding company also plans to invest in and develop Kingdom Tower, a 1,000 meter high building in Jeddah, Saudi Arabia, that when completed will be the world's tallest building. According to CNBC, Alwaleed personally owns 30,100,078 shares of Twitter, accounting for 4.45 percent of the company. CNBC noted that a statement from Alwaleed's office did not confirm if Tuesday's filing represents a change in his personal investment in Twitter. Alwaleed and Kingdom Holding initially invested $300 million in Twitter back in 2011. Shares of Twitter were trading higher by 1.38 percent during Wednesday's pre-market trading session.