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Anorak | Now That Bono’s a billionaire from Facebook can he start spending his own money?

Now That Bono’s a billionaire from Facebook can he start spending his own money?

by | 18th, May 2012

THE Irish Independent reports today that Bono has just become a billionaire as a result of the flotation of Facebook. It makes him the richest rock star on the planet :

Elevation, which invests in media, technology and music companies, paid around $90m for just over 2.3pc of the company in November 2009. At the time Elevation had a reputation as “arguably the worst-run institutional fund of any size in the United States”, according to the influential investing blog, 24/7 Wall Street.

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Posted: 18th, May 2012 | In: Celebrities Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink