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Steve Ballmer takes 4 percent stake in Twitter, owns more than CEO

October 16, 2015 admin after-being, angeles, billion-market, chief-executive, his-spokesman, microsoft, news-conference, percent-stake, prince, prince-alwaleed, social, spokesman, staples, staples-center, steve-ballmer

Former Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value