Now Playing

Humble Pie - 30 Days In The Hole

Facebook: Bono 'likes' this

Tuesday, February 7th, 2012 11:15am

An astute bit of business means Bono is about to become the richest rock star on the planet

The U2 singer’s private equity firm, Elevation Partners, owns 1.5% of the shares in Facebook. When the social networking site floats on the stock exchange later in the year it’s estimated that his stake could be worth around £630 million pounds.

On paper it would mean Bono would have around £180 million more in the bank than Sir Paul McCartney meaning he’d leapfrog the former Beatle to top the rich list of rockers.

Tagged: U2

More from Rock News

Comments

Add a comment

Log in to the club or enter your details below.