Taylor Bigler
The Daily Caller
Friday, May 18, 2012
If you needed one more reason to hate the insufferable lead singer of U2, go ahead and add this to the list: When Facebook goes public May 18, the $90 million investment Bono made in 2009 will turn into $1.5 billion by the end of the day.
Facebook’s IPO could make Bono the wealthiest rocker in the world, surpassing Beatles frontman Paul McCartney, who is currently worth $1.05 billion, according to New Musical Express.
Long before the Facebook IPO was on the table, the Irish troubadour got a 2.3 percent stake in the company. The social media site is currently valued at $100 billion, which will make the singer a billionaire without hitting a single note.
It’s a “Beautiful Day,” indeed.
This article was posted: Friday, May 18, 2012 at 8:31 am
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