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Getbig Main Boards => Gossip & Opinions => Topic started by: Vince G, CSN MFT on May 18, 2012, 07:12:58 AM

Title: Bono of U2 by 4pm will become the richest musician in the world
Post by: Vince G, CSN MFT on May 18, 2012, 07:12:58 AM
He owns 2.3% of the Facebook shares.  He will be worth between 1.5-2 billion dollars by the end of the day, dethroning Paul McCartney's net worth of 1.1 billion!!!!!


Of course the big winner will be Mark Zuckerberg who will make a cool 20 billion dollars!!!!!  Reports say that he's intending going to buy all the jewelry from every Hip Hop Artist and melt it down into a Platinum Suit of Armor.  Then he's going to bone his wife in a tub of cavier and truffles... :P


Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: James28 on May 18, 2012, 07:17:25 AM
He or Elevation Partners?

Let's just hope it's not a bubble,
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 07:37:39 AM
He or Elevation Partners?

Let's just hope it's not a bubble,

Why hope it's not?  It is a bubble and a useless site.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: darkrid3r on May 18, 2012, 07:47:17 AM
Bonos real name is Paul David Hewson, and I dont see him filed as an owner with the SEC.

I thought that all owners of the company (when it was private) had to file with the SEC if they still OWNED shares.
I suppose he could be listed under one of the investment companies.

Its all public you can go check it out.
http://www.nasdaq.com/symbol/fb/sec-filings
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 07:48:11 AM
Bonos real name is Paul David Hewson, and I dont see him filed as an owner with the SEC.

I thought that all owners of the company (when it was private) had to file with the SEC if they still OWNED shares.
I suppose he could be listed under one of the investment companies.

Its all public you can go check it out.
http://www.nasdaq.com/symbol/fb/sec-filings



Bono acquired his shares through an investment firm/partner so it is not in his name directly.

Paul David Jewson.  No surprise there.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: JasonH on May 18, 2012, 07:53:38 AM
I hope Facebook crashes and burns.

At least then I'll feel justifed in my decision to delete my profile there six months ago.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: Stark on May 18, 2012, 09:06:39 AM
He or Elevation Partners?

Let's just hope it's not a bubble,

OH GOD !!! I HOPE SO MUCH IT WILL ALL COME CRASHING DOWN!!!
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: James28 on May 18, 2012, 09:11:28 AM
Bonos real name is Paul David Hewson, and I dont see him filed as an owner with the SEC.

I thought that all owners of the company (when it was private) had to file with the SEC if they still OWNED shares.
I suppose he could be listed under one of the investment companies.

Its all public you can go check it out.
http://www.nasdaq.com/symbol/fb/sec-filings


No, it'll be through Elevation Partners and he certainly don't own all the shares. Goodrum got it wrong again.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: pedro01 on May 18, 2012, 09:11:50 AM
Well - you have to remember what an IPO is - it is a fund raising effort. The underwiter(s) are paid in cash & shares to get the best price possible.

It won't tank immediately. The shares that the underwriters and many other associate parties are subject to a lock-in period during which they cannot sell. This lock-in period is about 6 months and is publicly available.

Expect much hype & pumping, especially at 5 months out. They will spin it however they can to pump the price up so they can offload (unless of course they think it's really undervalued) and then they will offload. After they offload they will stop pumping.

This is why 90% of IPOs are way below the IPO price 1 year after the IPO.

Mugs game it is.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: TrapsMcLats on May 18, 2012, 09:39:18 AM
Bono is a smart man.  Definitely a bit of a douche (and thats coming from an embarrassingly die hard U2 fan...fucking incrdible band), but he has made so many smart moves in music, business, and modern culture...you can't deny it.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: dan18 on May 18, 2012, 09:43:17 AM
He owns 2.3% of the Facebook shares.  He will be worth between 1.5-2 billion dollars by the end of the day, dethroning Paul McCartney's net worth of 1.1 billion!!!!!


Of course the big winner will be Mark Zuckerberg who will make a cool 20 billion dollars!!!!!  Reports say that he's intending going to buy all the jewelry from every Hip Hop Artist and melt it down into a Platinum Suit of Armor.  Then he's going to bone his wife in a tub of cavier and truffles... :P



Maybe so but it goes to show Mcartney made his through his music alone so his throne is still number 1
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: Vince G, CSN MFT on May 18, 2012, 09:45:32 AM
Maybe so but it goes to show Mcartney made his through his music alone so his throne is still number 1


Uuuhh....he invested in Apple.... ::)
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: 240 is Back on May 18, 2012, 09:45:38 AM
sometimes you get the elevation, sometimes you get the shaft.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: njflex on May 18, 2012, 10:03:10 AM
Bono is a smart man.  Definitely a bit of a douche (and thats coming from an embarrassingly die hard U2 fan...fucking incrdible band), but he has made so many smart moves in music, business, and modern culture...you can't deny it.
x2 and i am a major fan as well have seen every tour since 90's .
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: The Showstoppa on May 18, 2012, 10:09:26 AM
Wonder if he still hasn't found what he's looking for?
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 10:55:31 AM
Bono is the epitome of hypocrit.  He talks about the starving and thirsty children in africa while he was being interviewed in his $20 million home in the south of France.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: njflex on May 18, 2012, 11:52:39 AM
Bono is the epitome of hypocrit.  He talks about the starving and thirsty children in africa while he was being interviewed in his $20 million home in the south of France.
u have to enjoy some of that money some how.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 12:11:08 PM
u have to enjoy some of that money some how.

Agree, but now that he has billions in disposible cash, he can shut the fuck up telling other people to donate to africa and use his own money.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: Natural Man on May 18, 2012, 12:11:49 PM
haha, peaceful socialist hippies huh?


the irony.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: GigantorX on May 18, 2012, 12:15:33 PM
Bono is the epitome of hypocrit.  He talks about the starving and thirsty children in africa while he was being interviewed in his $20 million home in the south of France.

I'll argue against your point here.

He has, on many occasions, made light of just what you stated above. It isn't like he isn't self-aware of what he crusades and how he lives his life. He has made a ton of money during his life, how is he supposed to live, in a cardboard box? Drive a 1992 Chevy Citation? Beg for food on the streets?

I'll argue that his charitable works over the decades, yes decades, have more than absolved him of said hypocrisy.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: Dr Dutch on May 18, 2012, 12:18:50 PM
(http://4.bp.blogspot.com/-qNwCQFfF-qA/TmIRlUCkQVI/AAAAAAAAHwM/OLY76ixwXzg/s1600/chastity-bono.jpg)
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: MikMaq on May 18, 2012, 12:24:19 PM
u have to enjoy some of that money some how.
The fact that he has probably gained back any money he has ever donated through increased exposure makes that point null and void.

He tells others what to do with their money, and seems to do the exact opposites unless of course he directly benefits
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: tommywishbone on May 18, 2012, 12:35:01 PM
Standard Getbig poster type wealth. Nothing to see here. Move along.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 12:42:54 PM
I'll argue against your point here.

He has, on many occasions, made light of just what you stated above. It isn't like he isn't self-aware of what he crusades and how he lives his life. He has made a ton of money during his life, how is he supposed to live, in a cardboard box? Drive a 1992 Chevy Citation? Beg for food on the streets?

I'll argue that his charitable works over the decades, yes decades, have more than absolved him of said hypocrisy.

There's living well and then living excessive asshole lifestyle.  That's the way he lives his life.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: MikMaq on May 18, 2012, 12:45:36 PM
There's living well and then living excessive asshole lifestyle.  That's the way he lives his life.
Really though, if he genuinely card about the lives of the poor he'd invest his money into africa, instead of into rich yuppie portfolio's. Even then he'd still be a greedy girl, just one with an interest.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: TrapsMcLats on May 18, 2012, 01:31:19 PM
I'll argue against your point here.

He has, on many occasions, made light of just what you stated above. It isn't like he isn't self-aware of what he crusades and how he lives his life. He has made a ton of money during his life, how is he supposed to live, in a cardboard box? Drive a 1992 Chevy Citation? Beg for food on the streets?

I'll argue that his charitable works over the decades, yes decades, have more than absolved him of said hypocrisy.

I think people would be shocked to see how much money he has given away.  Guys like he and stevie wonder don't go around telling everyone how much money they give away to feel good about themselves, they do it because they believe in the cause.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: MikMaq on May 18, 2012, 01:39:22 PM
I think people would be shocked to see how much money he has given away.  Guys like he and stevie wonder don't go around telling everyone how much money they give away to feel good about themselves, they do it because they believe in the cause.
If it's anything less than atleast 100 mill he should  be killed.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: James28 on May 18, 2012, 01:49:30 PM
I wonder how many guys here have given money to charity?

Let Bono enjoy his fortune and spend it how he see fit for fuck sake. He doesn't owe the world anything.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: El Diablo Blanco on May 18, 2012, 01:53:28 PM
I wonder how many guys here have given money to charity?

Let Bono enjoy his fortune and spend it how he see fit for fuck sake. He doesn't owe the world anything.

No, the point is not the giving.  it is a great thing.  The point is on a 60 minutes interview in his $20 million pad in the south of France the asshole was ranting at how more work needs to be done in africa and people need to help out and give money.  Must be nice to sit on your high pile of cash while telling others they need to donate.
The fact these guys have cameras following them around all the time showing them doing "good" work is PR bullshit.  He needs to just help out and shut the fuck up.  Now is his opportunity as a good man to take his massive fortune that he can use a big chunk of to still live in excess and give a boatload of money to africa. But sadly he'll remain a billionaire asking other's to help out.
Do you think he could have been just as comfy in a $5million pad and given $15 million more to starving children if it meant so much to him?
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: GigantorX on May 18, 2012, 07:00:30 PM
There's living well and then living excessive asshole lifestyle.  That's the way he lives his life.

Who made you the arbiter of how someone should live their life?

He earned the money, he gets to live how he wants.

I don't see the big deal.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: GigantorX on May 18, 2012, 07:02:33 PM
No, the point is not the giving.  it is a great thing.  The point is on a 60 minutes interview in his $20 million pad in the south of France the asshole was ranting at how more work needs to be done in africa and people need to help out and give money.  Must be nice to sit on your high pile of cash while telling others they need to donate.
The fact these guys have cameras following them around all the time showing them doing "good" work is PR bullshit.  He needs to just help out and shut the fuck up.  Now is his opportunity as a good man to take his massive fortune that he can use a big chunk of to still live in excess and give a boatload of money to africa. But sadly he'll remain a billionaire asking other's to help out.
Do you think he could have been just as comfy in a $5million pad and given $15 million more to starving children if it meant so much to him?

"PR Bullshit"? Oh man, I don't think you understand or realize just how much work Bono and others of his ilk have done in their life-times.

The camera's are around because he's famous and he uses his fame to draw attention to the causes he supports.

Again, I don't see why people get so upset over this.
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: leadhead on May 18, 2012, 07:25:36 PM
I hope the fb stock tanks personally and we all know it will. bono has always been an uber douche hippy and I have never liked their music but I do respect his work and he has a good cause I guess. I'd rather see some funds allocated for birth control for those women over there also. Don't breed them if u can't feed them
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: GigantorX on May 18, 2012, 07:30:07 PM
I hope the fb stock tanks personally and we all know it will. bono has always been an uber douche hippy and I have never liked their music but I do respect his work and he has a good cause I guess. I'd rather see some funds allocated for birth control for those women over there also. Don't breed them if u can't feed them

Words of wisdom right there, fellas.

And the Facebook IPO is your textbook pump and dump operation. Lots of people are gonna get ass fucked
Title: Re: Bono of U2 by 4pm will become the richest musician in the world
Post by: jude2 on May 18, 2012, 08:46:28 PM
Well - you have to remember what an IPO is - it is a fund raising effort. The underwiter(s) are paid in cash & shares to get the best price possible.

It won't tank immediately. The shares that the underwriters and many other associate parties are subject to a lock-in period during which they cannot sell. This lock-in period is about 6 months and is publicly available.

Expect much hype & pumping, especially at 5 months out. They will spin it however they can to pump the price up so they can offload (unless of course they think it's really undervalued) and then they will offload. After they offload they will stop pumping.

This is why 90% of IPOs are way below the IPO price 1 year after the IPO.

Mugs game it is.
Very good post.