Bono could become world's richest musician by end of the day
POSTED: Friday, May 18, 2012 - 12:45pm
UPDATED: Friday, May 18, 2012 - 12:49pm
NATIONAL NEWS (CNN) — According to a new report, Bono could wind up with the title of "world's richest musician" when the stock markets close today.
NME indicates that the Irish rocker is poised to surpass even Sir Paul McCartney in terms of wealth - and all because of Facebook.
Bono reportedly owns 2.3 percent of Facebook's shares through his private equity firm, netting him a possible $1.5 billion now that the company has gone public.
He supposedly bought the shares for $90 million back in 2009, and the company has grown mightily since then to be currently valued at over $100 billion.
The $1.5 billion share Bono's equity firm owns could make him more wealthy than the current - or shall we say former? - richest rock star in the world, Paul McCartney, who's said to have an estimated fortune of just over $1 billion, reports Gossip Cop.
And it appears that famously charitable musician Bono will only be adding to his wealth this year: his band U2 is said to be planning a comeback album and working on new material with Swedish songwriter Carl Falk, among others.
A source told NME that the group's "back in the studio getting a feel for new material after the last album, 'No Line On The Horizon'. Will.i.am had a credit on that and they are looking to explore that direction further. They have been working with Danger Mouse and RedOne. They are excited about getting to work with Carl Falk."
Now'd be the time to ask Bono for that loan.