Bono to Surpass Paul McCartney as Wealthiest Rock Musician?

May 18th, 2012

By Damian Fanelli

At 4 p.m. EST today, U2 frontman Bono will have the edge over Paul McCartney as the wealthiest rock musician in the world.

NME.com reports that Bono, who owns a 2.3 percent stake in Facebook through his investment group, Elevation Partners, is expected to see his net worth increase — big time — when the social-networking company goes public today.

Facebook is valued at more than $100 billion, which will make Bono’s share worth more than $1.5 billion. That’s not a bad investment considering that Bono bought his Facebook shares for about $90 million in 2009.

The former Beatle’s fortune is estimated to be slightly over $1 billion.

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