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Facebook WON'T Make

Me World's Richest Rocker

5/18/2012 10:25 AM PDT BY TMZ STAFF
breaking news

051812_bono_washington_times_launchLooks like Paul McCartney's title as world's richest entertainer is safe ... 'cause Bono says his stake in Facebook will NOT push him into the number one spot.

Bono was in D.C. this morning to attend a fundraiser for President Obama ... when a Washington Times photog asked about reports that the U2 frontman's $90 million investment into Mark Zuckerberg's social network will be worth $1.5 billion by the end of the day ... making him the richest rocker on Earth.

FYI -- It's been widely reported that Bono's investment company, Elevation Partners, bought up 2.3% of the company in 2009.

But Bono didn't appear too stoked about it ... in fact, he cast doubt on the entire story.

That ... or maybe he's just trying to be modest.

The video first appeared on The Washington Times.


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Bono won't make very much money. He is a partner in a private equity firm, Elevation Partners. There are 6 or 7 other partners as well and Bono has nothing to do with the day-to-day operations. On paper, it looks like he made a lot, but if he ever sold, he would be subject to a ****load of taxes and fees. I would say he alone would be lucky to walk away with $50 million from Facebook. It all has to be split like 6 ways amongst the partners

853 days ago


don't you find it interesting when "foreigners"
...i.e. Bono in this case...
work to influence American politics (election)
..or am I the only one who finds that strange?
makes me wonder how the Irish would feel if someone like the Boss (Bruce Springstein) were to show up in Ireland to try to influence their election (politics)

853 days ago


Ok so my question is why is he even doing any fund raising for any president. He is not an American. I am sick of these celebrities or any other foreigner doing anything that has to do with our presidential race. Go home and worry about your own country.

853 days ago
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