By Bernd Pulch, berndpulch.org

Bill Ackman, Elon Musk, and Saudi Prince Alwaleed bin Talal bin Abdulaziz Al Saud are just a few of the big names tied to the ownership of X, the platform formerly known as Twitter. In a dramatic court-ordered reveal, the curtain has been pulled back on nearly 100 investors, including billionaires, venture capital giants, and even royalty, as part of a lawsuit filed by former employees seeking unpaid arbitration fees.

The $44 billion social media empire, acquired by Musk in 2022, has been shrouded in secrecy—until now. A federal judge in California ruled this week to unseal the list of owners, exposing a star-studded lineup of stakeholders.

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The Power Players Behind X

1. Bill Ackman – The billionaire investor and Pershing Square founder is tied to X through the Pershing Square Foundation, which he co-manages with his wife, Neri Oxman. Ackman is no stranger to X, using the platform to spar with Shark Tank’s Mark Cuban and critique Harvard University.
2. Saudi Prince Alwaleed bin Talal bin Abdulaziz Al Saud – With a net worth of nearly $19 billion, the prince isn’t just a royal—he’s a major investor in X, alongside luxury hotels like the Four Seasons and tech companies like Lyft.
3. Larry Ellison – The Oracle founder’s stake in X is held through the Lawrence J. Ellison Revocable Trust. Despite having over 130,000 followers, Ellison has only posted twice on the platform—once in 2012 and once in 2023.
4. Sean “Diddy” Combs – The rapper and mogul is listed under Sean Combs Capital, LLC, adding X to his portfolio of ventures under the Combs Global brand.
5. Jack Dorsey – The Twitter co-founder still holds a stake in X through the Jack Dorsey Remainder LLC, despite publicly criticizing Musk’s leadership and saying, “It all went south.”

Big Money Backers

• Fidelity – Nearly 30 Fidelity-linked entities are invested in X, including the Fidelity Blue Chip Growth Fund and Fidelity Contrafund. Fidelity’s filings had previously hinted at a 72% drop in X’s value since Musk’s takeover.
• Andreessen Horowitz – The Silicon Valley heavyweight is a major player, alongside other VC giants like Sequoia Capital and 8VC.

Surprising Stakeholders

• Danilo Kawasaki and Ross Gerber – Both are individual investors and leaders of the wealth management firm Gerber Kawasaki.
• Kingdom Holding Company – Linked to Saudi Prince Alwaleed, this entity also holds significant stakes in X.
• The Pershing Square Foundation – While independent, it’s closely tied to Bill Ackman’s investment empire.

Musk’s Dominance

Elon Musk remains the largest stakeholder in X through the Elon Musk Revocable Trust, established in 2003. His $44 billion takeover of Twitter in 2022 has been anything but smooth, with advertisers fleeing, mass layoffs, and widespread criticism of his leadership.

The Full List of Owners

The court-ordered disclosure reveals a who’s who of investors, including:

• 8VC Opportunities Fund II, L.P.
• Andreessen Horowitz LSV Fund III, L.P.
• ARK Venture Private Holdings LLC
• BAMCO, Inc.
• Binance Capital Management Co., Ltd
• Cheng and Chen Family Trust
• Danilo Kawasaki
• Elon Musk Revocable Trust
• Fidelity Blue Chip Growth Fund
• Gerber Kawasaki Inc.
• HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
• Jack Dorsey Remainder LLC
• Lawrence J. Ellison Revocable Trust
• Sean Combs Capital, LLC
• Sequoia Capital Fund, L.P.
• The Pershing Square Foundation

X has yet to comment on the explosive disclosure, but one thing is clear: the platform’s ownership reads like a who’s who of the world’s wealthiest and most influential figures.

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If you enjoyed this exclusive report, please consider supporting Bernd Pulch and his work at berndpulch.org/donation or become a patron on Patreon. Your contributions help keep independent journalism alive and thriving.

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