U2’s Bono Profited More from FB than his Music

Source: Business Insider, May 2012

Back in 2009, the musician smartly bought 2.3 percent of shares for $90 million in the social networking company through his private equity firm, Elevation Partners.

Prior to the IPO, Bono had a net worth of around $900 million thanks to a successful 30 year career. His latest “360” tour was the highest grossing tour of 2011, raking in over $300 million.

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