Discography
124 releases – 3 under his own name, 115 in other groups and 8 credits on others' music Edit
Has worked with
Has been in these groups
Has this family
In the News
( 2 stories between 13th January 2009 and 11th January 2011 )Bono Makes a Great Investment
Jan, 11 2011
Not only is he a humanitarian, the front man for the one of the world’s most popular bands (U2, and a Nobel Peace Prize nominee, Bono is also the co-founder of aptly named investment firm, Elevation Partners.
It hasn’t been such a good road for things associated with Bono in the past year. First, the Spiderman musical is rife with production mishaps, then Elevation Partners’ large investment in Palm technology falls dangerously short of expectations. However, news surfaced on Monday that Elevation apparently owns 1.5% of Facebook. And 1.5% of $50 Billion ain’t too shabby.
In the past year, it was reported that Elevation Partners bought up approximately $210 million worth of Facebook’s stock. In that same time, Facebook’s valuation has jumped from $13 Billion to $50 Billion (according to Goldman Sachs), almost four times their original investment, coming in at about $750 Million. The most interesting part of this investment story is that the firm did not directly invest in Facebook; rather they purchased large chunks of private stock from employees, thanks to relationships cultivated by Elevation co-founder Marc Bodnick.
Elevation Partners’ site defines the firm as “a private equity firm that makes large-scale investments in market-leading media, entertainment, and consumer-related businesses.”
-Erin O.
Bono
Jan, 13 2009
U2 frontman and outspoken campaigner Bono has added another string to his bow with the first of a series of columns for the New York Times. In spite of Bono’s assertion that he’s "never been great with the full stops or commas," his first effort appeared in their Sunday edition of 11 January. Steadfastly avoiding attempts to use the opportunity as a platform to discuss his widely publicised political opinions, he spoke instead of his New Year celebrations and his love of Frank Sinatra in a piece titled “What Frank Sinatra taught me about art, innocence and experience.” Further columns are anticipated but for now it is likely that Bono will have to return to the day job: the twelfth U2 album, No Line On The Horizon, should hit the shelves in March, meaning he will soon be dragged off his word processor and onto a stage for the inevitable world tour.
