Saudi Arabian Prince Now Second-biggest Shareholder In Twitter

Prince Alwaleed bin Talal of Saudi Arabia now owns more than 5% of Twitter , making him the second-largest shareholder in the company, according to FactSet. The largest shareholder is co-founder Evan Williams. who has a 6.9% stake, according to FactSet. An SEC filing dated October 6 shows that Prince Alwaleed owns 34,948,975 shares, which translates to a 5.17% stake. Jack Dorsey, who was named Twitter's CEO Monday, owns 3.2%. Shares of Twitter have fallen 2% in the last month, compared to the S&P 500's gain of 4%