Bono of U2 by 4pm will become the richest musician in the world

[Vince G, CSN MFT]

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...

[James28]

He or Elevation Partners?

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

[El Diablo Blanco]

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.

[darkrid3r]

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

[El Diablo Blanco]

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.

[JasonH]

I hope Facebook crashes and burns.

At least then I'll feel justifed in my decision to delete my profile there six months ago.

[Stark]

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!!!

[James28]

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.

[pedro01]

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.

[TrapsMcLats]

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.

[dan18]

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...

Maybe so but it goes to show Mcartney made his through his music alone so his throne is still number 1

[Vince G, CSN MFT]

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....

[240 is Back]

sometimes you get the elevation, sometimes you get the shaft.

[njflex]

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 .

[The Showstoppa]

Wonder if he still hasn't found what he's looking for?

[El Diablo Blanco]

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.

[njflex]

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.

[El Diablo Blanco]

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.

[Natural Man]

haha, peaceful socialist hippies huh?


the irony.

[GigantorX]

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.

[Dr Dutch]

[MikMaq]

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

[tommywishbone]

Standard Getbig poster type wealth. Nothing to see here. Move along.

[El Diablo Blanco]

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.

[MikMaq]

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.