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