Culture / Celebrities

Bono to become a Facebook billionaire

U2 rocker bono is about to make $1 billion, thanks to his 2009 investment in Facebook. Bonoā€™s investment company Elevation Partners bought $210 million worth of shares in the social networking site almost two years ago. This week, the site has been valued at $65 billion, meaning that Bono and his companyā€™s share of the […]

Feb 07, 2012 | By AFPRelaxnews

Bono Facebook

U2 rocker bono is about to make $1 billion, thanks to his 2009 investment in Facebook.

Bonoā€™s investment company Elevation Partners bought $210 million worth of shares in the social networking site almost two years ago.

This week, the site has been valued at $65 billion, meaning that Bono and his companyā€™s share of the business is now valued at a whopping $975 million.

U2 are already one of the world’s highest-earning groups, pulling in more than $736 million on their recent 360 Tour.

To put his possible wealth into perspective ā€“ currently Sir Paul McCartney, is the richest rock star in the world with a wealth estimated at $600 to $750 million.

Source:Ā nmeĀ –Ā allthingsnow


 
Back to top