Prince Al Waleed Bin Talalโข has increased his โinvestmentโ in Snapchat parent company โคSnap Inc., acquiring an additional stake that brings his total ownership to 2.8%, a transaction valued at USD 133.5 million. The move, โdisclosed on โคSeptember 24, 2025, signals continued confidenceโ in Snap’s long-term potential despite โฃrecent market volatility.
Kingdom Holding Company (KHC), the investment firm controlled by โขthe Saudi Prince, initially invested in Snap Inc. in 2017. โฃThis latest infusionโค of capital, executed through KHC’s subsidiary,โข represents a significant vote of confidence in Snap’s evolving โฃstrategy, particularly its focus on augmented reality and its appeal to a younger demographic. the increased stake positions Al Waleed Binโข Talal as one of โSnap’s largest shareholders, potentially influencing the company’s direction as it navigatesโ a competitive social media โขlandscape.
The transaction involved the purchase of 46.3 million shares of Snap Inc. at a price of USD 2.88 per share, according to a filing with the U.S. Securities and Exchange Commission. KHC now holds a total of 88.6โข million shares in Snap Inc. This investment underscores Al Waleed Bin Talal’s broader portfolio,โ whichโค includes holdings in technology giants like โคApple and Twitter (now X).