Bono’s music career has spanned nearly five decades, and has undoubtedly made him a very wealthy fella. The money he has made fronting U2, though, is pocket change in comparison to the cash his investment firm has produced over the years.
According to the New York Post, Bono’s investment group, Elevation Partners (like the U2 song, get it!?), purchased slightly more than $200 million of Facebook stock from 2009 to 2010. In just six year’s time, that investment has turned into an absurd $1.4 billion.
While this news may have Bono haters burning hotter than the fire of a thousand suns, there is more to the story. According to Value Walk, the Irish rocker’s takeaway from the investment is actually around $43 million.
So breathe easy, Bono haters. He’s not quite yet a billionaire, just a super stinking rich millionaire.