BEIRUT, LEBANON (3:00 p.m.) – Prince Alwaleed bin Talal of Saudi Arabia has purchased a stake in the company behind Snapchat, Sky News reported this afternoon.

According to the Sky News report, Prince Alwaleed has purchased a 2.3% ($250 million) stake in Snap, the company behind Snapchat.

The report added that he paid approximately $11 per share of Snap.

Previously, the Saudi prince was imprisoned in Riyadh after being accused of corruption by his cousin, Crown Prince Mohammad bin Salman.
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Daeshbags Sux
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Daeshbags Sux

Many sources are saying he’s implied in more shady things than corruption, hehe…