Comedian Jimmy Carr has blamed Reeva Steenkamp for her own death in shocking joke he made during the Q Awards!

Viral video of the day: Shia LaBeouf the cannibal who lives in the woods and kill people for sport! Watch it here!

Bono makes $1bn off Facebook

2011-08-17 10:01
 
Cape Town – Bono has reportedly benefitted from a wise investment in Facebook, as shares he purchased have quadrupled in two years.

According to the Belfast Telegraph and other sources, "In November 2009 Elevation Partners - a US investment firm in which Bono is a partner - paid $210m for a stake in the social networking giant. After another investor sold its stake in the company... Elevation Partners' stake is now valued at close to $1bn - or $975m to be precise."

Bono will likely welcome the news, after he was called the "worst investor in America" in 2010 by the publication 24/7 Wall Street.

In related news, it was estimated that the band U2 netted around $195m from their record-setting 360° tour.

Read more on:    u2  |  facebook  |  bono  |  music  |  celebrities

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
8 comments
Add your comment
Comment 0 characters remaining
 

Recent News

Sinéad O'Connor has claimed that the American Music Awards lined her up to perform at the ceremony, but that she has now pulled out after producers tried to secure an introductory message from the Pope. Read More »

The song Royals by Lorde is getting caught up in the fervor over baseball's upcoming World Series between the San Francisco Giants and Kansas City Royals. Read More »

inside channel 24

There are new stories on the homepage. Click here to see them.