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Los Angeles
March/April 2012
U2 Rocker Bono Set to Become Facebook Billionaire
Image: rabroad.com
Already part of the music industry’s most successful rock bands, Bono is about to become even wealthier, thanks to an investment he made in Facebook in 2009.
Bono is set to make approximately $1 billion because in 2009 his investment company, Elevation Partners, purchases $210 million worth of shares in Facebook, and now that Facebook is going public, those shares are no valued at an incredible $975 million. Last week Facebook declared that it will be going public and the site was valued at $65 billion.
Bono’s group, U2, is already one of the top earning groups in the world, reportedly bringing in around $736 million on their recent ‘360 Tour’ alone.
Source: Luxuo
Feb 7, 2012 11:02 AM
Read 127 Times
The former owner of Uralkali, a Russian fertilizer maker known as a Billionaire, Dmitry Rybolovlev just recently purchased a controlling stake in the Monaco soccer club. Back in 2010, the Russian billionaire sold his controlling stake in Uralkali to investors which were led by another billionaire, S...
Suleyman Abusaidovich Kerimov, a Russian billionaire recently paid singer Jessie J $465K to perform in Makhachkala, Russia at a party held in a shopping mall. Kerimov who owns the Russian Premier League soccer club, FC Anzhi Makhachkala had several players from the league attend. Kerimov is well kno...
Haute 100 lister Dr. Phillip Frost is a Miami Beach entrepreneur and billionaire whose Gamma Trust recently acquired 1 million shares of Prolor Biotech for $5 million as part of its public offering.
Retired Silicon Valley billionaire Jim Clark has decided to ask for about $100 million combined for his two prized yachts.
It was a typical glamorous Southern California party in El Segundo Saturday, with free-flowing booze, a plethora of beautiful women and rock stars from Velvet Revolver and the Village People—and then Gene Simmons showed up.
The evening of December 1, World AIDS DAY, Health People’s, Kids-Helping-Kids, the only NYC mentoring program for children whose parents have AIDS will benefit from a special evening introducing BELVEDERE Vodka’s Product Red Special Edition for Bono’s Product Red Campaign at the extraordinary...
Billionaire Darwin Deason lives on his 205-foot yacht Apogee six months out of the year, and you can charter it for a mere $600,000.
Microsoft co-founder Paul Allen has re-listed Allan Island — yes, "Allan" with an "a" — a 292-acre private island off the coast of Washington State, for $13.5 million. The billionaire businessman purchased the island in 1992 in hopes of building his dream home and first listed the property for $...
McLaren Automotive has announced that Singapore-based billionaire, Peter Lim, has made a significant investment in the company, and has joined the McLaren Automotive Board of Directors with immediate effect.
When Lewis arrived in London to negotiate the new billion-dollar deal he did so on the Aviva; and rather than park it any old place he obtained special permission – undoubtedly for quite the pretty penny – to moor it in the heart of London and has even had his own mooring built to accommodate th...
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Los Angeles
March/April 2012
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