Bono To Become Richest Rock Star

05/17/2012
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(Classic Rock) U2 frontman Bono is set to become the richest man in rock when Facebook shares go on public sale tomorrow.

His Elevation Partners equity firm bought 2.3% of the social media company in 2009 for $90m, and that investment will be worth over $1.5bn that's 940m by close of business today.

That will make the singer and anti-poverty campaigner far more wealthy than former Beatle Paul McCartney, who's topped the rock rich list for years and is currently valued at 665m.

Classic Rock Magazine is an official news provider for antiMusic.com.
Copyright Classic Rock Magazine- Excerpted here with permission.

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