Sunday 30 August 2015

U2’s Bono has become the world’s richest pop star after
raking in nearly £1 billion from his Facebook shares. The
Beautiful Day hitmaker bought a 2.3 per cent share in the
social media network for £56 million in 2009 with the
investment group that he co-founded, Elevation Partners.
Today that share is worth a whopping £940 million,
according to reports. That means that Bono’s venture has
earned him more in the last six years than the whole of his
incredible music career.
Now Bono takes over Beatles legend Sir Paul McCartney as
the world’s richest pop star. The singer, who is married to
Nancy Shevell, has an impressive £730 million. While
Madonna has £520 million.
Facebook hit its own ‘billion’ milestone this week, when it
had one billion users in one day.
The company went public in 2009.
Source: UK Mirror

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