A smart investment in one of the most popular social networks, Facebook, made Bono, the U2 frontman, the richest rocker in the world. He is now $500 million richer than the former Beatles star, Sir Paul McCartney.
On Friday, when Facebook went public, Bono became the richest rocker in the world. Back in 2009, the U2 singer invested $90 million in the social network. Just one year later, the sum quadrupled in value, reaching over $350 million. That was pretty good, but not even remotely as sensational as this year.
A couple of days ago, the same day that Facebook went public, Bono’s shares were evaluated at $1.5 billion. With this, the singer became the richest rock star in the world, richer than Sir Paul McCartney, or Bruce Springsteen.
So, besides being a music genius and a warmhearted philanthropist, U2’s frontman is also an inspired businessman. We should keep an eye on him, for inspiration!
Speaking about inspiration, the band will soon be heading into the studio to work on new songs for an upcoming album.