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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. More rock news including Queen, Twisted Sister, Rob Zombie and more

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

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