Here are the large investors throwing big money behind Musk’s $44bn Twitter bid
Elon Musk looks at his mobile phone in Florida, the US. Picture: JOE SKIPPER/REUTERS
The Tesla co-founder won over the Saudi price who initially balked at his offer and brought aboard Larry Ellison, the 11th-richest person on the Bloomberg Billionaires Index. He also got a $500m commitment from cryptocurrency exchange Binance. There might be more money to come. Twitter founder Jack Dorsey, whose stake is worth about $1bn, is continuing to have discussions about keeping his holdings in the company, according to a Thursday regulatory filing.Saudi Arabia Prince Alwaleed bin Talal: $1.9bn.
With a $16.4bn fortune, he’s the richest individual in Saudi Arabia, according to the Bloomberg Billionaires Index. Most of his wealth is derived from his 95% ownership of Kingdom Holding.
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