Friday, May 18, 2012

Richest Musician In The World

Somewhere today Bono is sitting laughing. Today is a big day for Bono who is poised to take over Paul McCartney's spot of the Richest Musician in the World. How did he do it? Not exactly how you thought...

Back in 2009 the U2 front man was wise enough to buy into the social medial network Facebook, purchasing 2.3% of its shares through his private equity firm, Elevation Partners. While they bought the shares for $90 million three years ago, the shares are now valued at over $1.5 billion! 

That is insane. Congrats Bono on that move!

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