Bono’s Facebook Stock Price to Increase to $1 Billion

Bono owns a 1.5% share of Facebook stock which he purchased for $90 million. When the social networking site hits the stock exchange, Bono’s shares are expected to be worth $1 billion, making Bono the wealthiest rock star in the world.

To watch a video on the story, see Facebook to Make Bono Richest Rock Star on the Planet, ITN. 

Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this article to my attention.