Vulture

Skip to content, or skip to search.

pay day

Bono Is a Facebook Billionaire, Probably

Salman Rushdie, Bono==
SALMAN RUSHDIE Launch Party for "Luka and the Fire of Life"==
The Bowery Hotel, NYC==
November 15, 2010==
©Patrick McMullan==
Photo - CLINT SPAULDING/PatrickMcMullan.com==
==

According to NME, Bono's private equity firm, Elevation Partners, bought 2.3 percent of Facebook for $90 million back in 2009. After today's IPO — which valued the company at $104 billion — he stands to make over $1.5 billion. That makes him richer than Paul McCartney! It also makes those Spider-Man: Turn Off the Dark projections way less dire.