U2’s Bono invested in Facebook; IPO stakes boost makes him richest rocker
U2’s frontman Bono joined a fundraising event for U.S. President Barack Obama today in Washington D.C. (scroll down for video). The day coincided with a big economic/social event: Facebook’s listing/trading on the Nasdaq stock market.
Knowing that Bono previously invested $90 million in Zuckerberg’s network and regarding the fact FB showed a trading success on debut with IPO increasing 13% as share rose from $34 to $43, a reporter told the singer that his investment might be valued at $1,5 billion at the end of the day making him the richest artist worldwide.
Well, Bono was not too impressed about that and seemed rather reluctant about these predictions.
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Many reports claim that U2 singer’s investment company, Elevation Partners, purchased about 2.3% of FB back in 2009.
Video: Facebook IPO to make Bono richest rock star