Bono is ‘world’s richest pop star’

U2 frontman co-founded investment group, which owns a stake in Facebook

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AP
AP

U2’s Bono has become the world’s richest pop star after making nearly £1 billion (Dh5.6 billion) from his Facebook shares.

The musician bought a 2.3 per cent share in the social media network for £56 million in 2009 with the investment group that he co-founded, Elevation Partners.

Today, that share is worth a whopping £940 million, according to reports. That means that Bono’s venture has earned him more in the last six years than the whole of his music career, reports mirror.co.uk.

Now Bono takes over The Beatles legend Paul McCartney as the world’s richest pop star. The singer, who is married to Nancy Shevell, has an impressive £730 million, while Madonna has £520 million.

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