Bono, Facebook IPO: U2 Singer To Become The World's Richest Musician

[Moonwalker.Fan]

Talk about a "Beautiful Day." Once the smoke clears from Friday's (May 18) Facebook IPO , U2 singer Bono could be the richest musician on the planet.

According to England's NME, the already flush, tech-savvy Irish rock icon owns 2.3 percent of the shares of Facebook through his investment group, Elevation Partners.
Well before Facebook filed papers to go public, Elevation paid $90 million for the shares in 2009 and after what is expected to be the second-biggest IPO in history, Bono's share could be worth more than $1.5 billion.

With a gang of records already in pocket, the one-day take could give the singer bragging rights of a different sort as well. If the calculations are correct (a spokesperson for the band could not be reached by MTV News at press time for confirmation) then Bono would surpass former Beatle Paul McCartney as the world's richest rock star. McCartney's vast fortune is estimated to be around $1.05 billion.

http://www.mtv.com/news/articles/1685361/bono-facebook-stake-richest-rocker.jhtml

http://www.huffingtonpost.com/2012/...singer-worlds-richest-musician_n_1526972.html

http://marquee.blogs.cnn.com/2012/05/18/bono-to-become-worlds-richest-musician/

http://www.tmz.com/2012/05/18/bono-facebook-paul-mccartney/

 

[Moonwalker.Fan]

Guys, add your comments to articles about MJ and his 50% share in Sony/ATV valued at 1.5-2 billion dollars...

 

[HIStory]

Who cares?

 

[MIST]

He can give more money to charities then.