Shalom Life | April 23, 2014

Bono Richest Musician on Earth, Thanks to Zuckerberg

The U2 front man could beat out Paul McCartney as the world’s most wealthy rock star, thanks to a Facebook investment.

By: Ashley Baylen

Published: May 18th, 2012 in Culture » Society » News

Bono Richest Musician on Earth, Thanks to Zuckerberg

Bono is best known for U2 and his prolific philanthropic work, mostly aiding various African charities. But, as of 4pm EST, Bono will also gain the moniker of “world’s wealthiest musician”, and it’s all thanks to Facebook.

As we all know, Facebook goes public today. In 2009, Bono’s investment group Elevation Partners, purchased 2.3 percent of the social network for a cool $90 million. It is estimated that when the market closes today, that investment will bring in approx. $1.5 billion. Not too bad for a day’s work.

Sure, Bono won’t see all that money personally. It is called Elevation “Partners” after all, but it will earn the Irish rocker enough to beat out Paul McCartney as the richest rock star on the planet.

The best news of all is that, according to Rolling Stone, Bono’s earnings from the Elevation Partners investment groups are mostly donated to the African charities he works closely with.

Tom Hanks and Steven Spielberg to Make Another War Movie Tom Hanks and Steven Spielberg to Make Another War Movie TrendingDrake Being Sued For Toronto Nightclub Beating Drake Being Sued For Toronto Nightclub Beating TrendingThe Nosh Pit - Chocolate Dessert Recipes The Nosh Pit - Chocolate Dessert Recipes Trending
 

Israeli Wi-Fi Powers Russian Subways

April 22, 2014 | By Daniel Koren
Israeli Wi-Fi Powers Russian Subways

Passengers aboard subways in in Moscow enjoy Wi-Fi courtesy of Israeli communications provider, Radwin

Read More

Israeli Comedian on 4.20: Let My People Smoke! [VIDEO]

April 22, 2014 | By Daniel Koren
Israeli Comedian on 4.20: Let My People Smoke! [VIDEO]

Gadi Wilcherski and a group of Israeli pot advocates campaigned outside Health Minister Yael German's house early Sunday morning

Read More

Shalom, French Polynesia: A Jewish Culture Guide

April 22, 2014 | By Sarah Bauder
Shalom, French Polynesia: A Jewish Culture Guide

Approximately 130 islands comprise French Polynesia, with Tahiti being the most famous, largest, and most populated.

Read More

Katy Perry Impersonates Unfunny Rabbi in ‘Birthday’ Music Video [VIDEO]

April 22, 2014 | By Ashley Baylen
Katy Perry Impersonates Unfunny Rabbi in ‘Birthday’ Music Video [VIDEO]

The pop star takes on a number of the "World's Worst Birthday Party Entertainers"

Read More

Seth Rogen and James Franco to Perform ‘Bound 2’ Spoof at Kim Kardashian Wedding?

April 22, 2014 | By Ashley Baylen
Seth Rogen and James Franco to Perform ‘Bound 2’ Spoof at Kim Kardashian Wedding?

Franco shared some interesting intel about the Kardashian/West wedding on 'The View'.

Read More

Drake to Join Pharrell and Kendrick Lamar at iHeart Radio Music Awards

April 22, 2014 | By Ashley Baylen
Drake to Join Pharrell and Kendrick Lamar at iHeart Radio Music Awards

NBC has announced several big names for iHeart Radio's inaugural event

Read More

David Foster Wallace’s Estate Opposes Upcoming Segel and Eisenberg Biopic

April 22, 2014 | By Ashley Baylen
David Foster Wallace’s Estate Opposes Upcoming Segel and Eisenberg Biopic

Wallace's family and literally trust "have no connection with, and neither endorse nor support" the film entitled 'The End of the Tour'.

Read More

Missouri Mayor Resigns After Siding with Kansas Shooter

April 22, 2014 | By Daniel Koren
Missouri Mayor Resigns After Siding with Kansas Shooter

After saying that he "kind of agreed" with 73-year-old former white supremacist Frazier Glenn Miller, Dan Clevenger has now renounced his position as Mayor of Marionville

Read More

More Headlines