It's a 'Beautiful Day' for Bono: U2 frontmant is now world's richest pop star

hidden August 31, 2015 17:00:40 IST
It's a 'Beautiful Day' for Bono: U2 frontmant is now world's richest pop star

London: U2 frontman Bono has become the world's richest pop star after raking in nearly 1 billion pound from his Facebook shares.

Its a Beautiful Day for Bono U2 frontmant is now worlds richest pop star

File photo of Bono. Reuters

The 55-year-old singer saw a fantastic return in his social network investment and has now overtaken Beatles legend Sir Paul McCartney as the world's richest pop star, who is estimated at 730 million pounds, reported Daily Mirror.

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

Today the share is worth 940 million pounds, making Bono's venture earn him more in the last six years than the whole of his incredible music career, including almost 40 years as a singer in U2.

Since its formation in Dublin in 1976, the band has become one of the world's biggest rock acts.

The news comes after Facebook founder Mark Zuckerberg announced last week that over one billion people used the website in a single day, which means one in seven people on Earth.

PTI

Updated Date:

also read

'Good Luck and goodbye Congress': Former Punjab Congress chief Sunil Jakhar quit via Facebook Live
Politics

'Good Luck and goodbye Congress': Former Punjab Congress chief Sunil Jakhar quit via Facebook Live

His announcement came as Congress' mega brainstorming conclave - 'Chintan Shivir' - entered the second day in Rajasthan

Florida family wakes up to giant alligator in swimming pool; see photos here
Sports

Florida family wakes up to giant alligator in swimming pool; see photos here

The incident was reported by the Charlotte County sheriff’s office on Tuesday

Marathi actor Ketaki Chitale remanded in police custody till 18 May for allegedly sharing 'objectionable' post about Sharad Pawar
India

Marathi actor Ketaki Chitale remanded in police custody till 18 May for allegedly sharing 'objectionable' post about Sharad Pawar

Chitale was arrested over a post she allegedly shared on Facebook, and the student, identified as Nikhil Bhamre, was arrested for allegedly making an objectionable comment against Pawar on Twitter