by
14 Comments
LINK
quote:

Thanks to Facebook U2 frontman Bono is set to become the richest rock star in the world.

Bono owns 1.5% of the shares in the social networking site through his private equity firm Elevation Partners, meaning that when Facebook goes onto the stock exchange later this year his shares are reported to be worth just under $1billion (£630million).

Elevation Partners invested in the site back in 2009, forking out $90million (£56million) for the shares. Facebook filing for its initial public offering on Wednesday (February 9) will make Bono worth $1.1billion (£695million), £189million richer than ex-Beatle Sir Paul McCartney.

Image Link

:bow:
Filed Under: New Orleans Saints

Comments

14 Comments
user avatar
So will this have the effect of slowing down or stopping recording and touring? Bono obviously won't be needing the cash.
Reply140 months
user avatar
quote:

So will this have the effect of slowing down or stopping recording and touring? Bono obviously won't be needing the cash


I really don't think Bono "needed the cash" before this.
140 months
user avatar
SLC
upvote0downvote0
Wow. How much will he donate to his charity? Or will he use the $$$$ to try and get more $$$$ from others? How many pairs of sunglases will he buy with that cash?
Reply140 months
user avatar
Reply140 months
user avatar
Bono is all that is good in the world.
Reply140 months
user avatar
frick you, and frick u2
140 months
user avatar
quote:

Bono is all that is good in the world.


No...Boner & U2 are both overrated shite... :spank:
140 months
user avatar
The guy who painted the murals at the FB headquarters is now worth 200 million because he took stock in the company!

Reply140 months
user avatar
quote:

The guy who painted the murals at the FB headquarters is now worth 200 million because he took stock in the company!


Germans
140 months
user avatar
quote:

The guy who painted the murals at the FB headquarters is now worth 200 million because he took stock in the company!


Germans beefer, Germans :casty:
140 months
user avatar
saw something about this last Thursday on the news. Crazy!

You hear about the guy who painted the Facebook offices? Agreed to get paid in Facebook stock. :pimp:
Reply140 months
user avatar
frick U2.

Irony is Sean Parker being involved.

Eta: Also, Feb 9th is today... Thursday (probably mistake on the link)
Reply140 months
user avatar
hg
upvote0downvote0
Nice knowing you.
140 months
user avatar
quote:

Irony is Sean Parker being involved.


Sean Parker was never actually ousted. He was just cut out of the day to day. He always kept shares, and he would be stupid not to have.
140 months
Popular Stories