Bono net worth

Bono net worth

Net Worth: $600 million

About Bono

Bono net worth has been announced to be 600 million dollars. For those who may not know who he is, it has to be mentioned that Bono is a musician of Irish origin. Bono whose real name is Paul David Hewson was born in Ireland and created a legendary band called “U2” when he was only sixteen years old. It does not need to be

mentioned that the group was his main source of incomes and it made Bono net worth to be as high as it is right now. Bono created the band when he saw an ad in his school on a bulletin board.

Also, the interesting fact is that the group previously was named “Feedback” and only in 1977 the group changed its name to “U2”, which signifies by way of the Hype. The group “U2” was signed with the record label company “Island Records” in 1980. In addition, the band became very popular worldwide and released twelve albums. Moreover, the band consistently made avenue concerts and open airs and won 22 Grammy Awards. It is obvious that such popularity of the group added a lot of money to Bono net worth. Also, in addition to his music career, Bono became involved into many charities and aids. He performed several times in the Live Aid, Band Aid and Live 8 concerts. Check out our new musician – Celebrity Net Worth.

In addition to that, Bono was involved into campaigns for third-world debt relief and greater international involvement in the African AIDS crisis. Also, he established some charities and organizations by himself in order to help the poor ones. Bono started the organization DATA in 2002, which stands for “Debt, AIDS, Trade, Africa”. Moreover, he founded an organization in order to fight against diseases in Africa, which was entitled “Project Red”. In addition to his involvement in charities and support organizations, he is well known as a successful businessman. In 1992, Bono invested into Dublin’s Clarence Hotel and also he is on the board of Elevation Partners.

Elevation Partners is a company of private equity and it has stakes in the entertainment business. In 1976, Bono got married to Alison Hewson and the married couple has 4 children – two daughters and two sons. In 2009, Bono and his investment firm Elevation Partners invested into Facebook and purchased 1.5 percent stakes in Facebook for 90 million dollars. Now that stake is worth 600 million dollars, which is the same sum of money as Bono net worth. Thus, if Facebook’s market cap grows to more than 100 billion dollars, Bono might become the first billionaire, who is a rock star.



BONO NET WORTH

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