U2's Bono to become the world's richest musician tomorrow (May 18) U2 Tickets

Singer will leapfrog Paul McCartney when Facebook hits the stock exchange

Photo: Next Previous

Photo Gallery: U2

Reports have suggested that U2 frontman Bono will become the richest musician in the world tomorrow (May 18), overtaking Paul McCartney. Bono however, later denied these claims, telling MSNBC, "Contrary to reports, I'm not a billionaire or going to be richer than any Beatle - and not just in the sense of money, by the way, The Beatles are untouchable - those billionaire reports are a joke."

Facebook is set to float on the stock exchange tomorrow and all its early investors are set to earn huge amounts of money from the flotation.

The U2 singer owns 2.3 per cent of the shares in Facebook through his private equity firm, Elevation Partners, which they bought for $90 million (£57 million) in 2009.

Given the social media company is currently valued at over $100billion (£63 billion), it was thought that this would make Bono's share worth over $1.5 billion (£940 million) and put him well above Paul McCartney, who is currently the world's richest rock star with a fortune of £665 million.

U2 are rumoured to be working on new material with One Direction's songwriters, according to reports, with Swedish pop svengali Carl Falk, who penned the boyband's 'What Makes You Beautiful' reportedly on board.

A source said of this: "The band are back in the studio getting a feel for new material after the last album 'No Line On The Horizon'. Will.i.am had a credit on that and they are looking to explore that direction further. They have been working with Danger Mouse and RedOne. They are excited about getting to work with Carl Falk."

You can watch a video of Noel Gallagher discussing his love for U2 by scrolling down to the bottom of the page and clicking.

Read More On This Artist

Noel Gallagher - 'I've Always Loved U2' Noel Gallagher - 'I've Always Loved U2'

Video: Noel Gallagher - 'I've Always Loved U2'

U2 Tickets
Date/Time Venue Seetickets Viagogo


NOT AVAILABLE

Buy U2 Tickets

from £99


NOT AVAILABLE

Buy U2 Tickets

from £99


NOT AVAILABLE

Buy U2 Tickets

from £89


NOT AVAILABLE

Buy U2 Tickets

from £99


NOT AVAILABLE

Buy U2 Tickets

from £65


NOT AVAILABLE

Buy U2 Tickets

from £68


NOT AVAILABLE

Buy U2 Tickets

from £122


NOT AVAILABLE

Buy U2 Tickets

from £135

back to top

More News
Laurie Anderson, Patti Smith, Karen O and more pay tribute to Lou Reed at Rock And Roll Hall Of Fame
Paul McCartney inducts Ringo Starr into the Rock And Roll Hall Of Fame
Florence + The Machine unveil new track 'As Far As I Could Get' - listen
Foo Fighters play Ohio record store for Record Store Day, Dave Grohl arrives on motorcycle
Run The Jewels release new track 'Bust No Moves' - listen
Florence + The Machine's second Coachella set cut to 30 minutes due to broken foot
Four Tet plays surprise set at London's Phonica for Record Store Day - watch
Jay Z's Tidal streaming service parts ways with CEO just two weeks after launch
Video evidence of Suge Knight's alleged hit-and-run attack released by court - watch
Prince's Facebook page allegedly hacked, hacker says he 'doesn't care about his...
Marilyn Manson to play hitman in new crime film 'Let Me Make You A Martyr'
Lou Reed would be 'amused but secretly delighted' by Rock & Roll Hall Of Fame...
Emily Eavis denies tabloid reports that Prince pulled out of headlining Glastonbury
Royal Blood don wigs and Hawaiian shirts for 'Conan' performance - watch
Future Islands reveal Record Store Day song 'The Chase'
Tyler, The Creator reveals 'Cherry Bomb' album bonus song 'Yellow' - listen
Michael Bublé apologises after body shaming accusations: 'Women are to be celebrated and...
Diplo says he is 'actively' pursuing a collaboration with Robert Plant after Instagram...
The Prodigy team up with Sleaford Mods for 'Ibiza' video - watch
Bill Ward accuses Ozzy Osbourne of making 'false claims, elitist comments and rude...
Blur share new song 'My Terracotta Heart' and reveal Record Store Day plans
Alice Glass hits out at Ethan Kath's decision to continue Crystal Castles without her

More News

Comments

Please login to add your comment.

Date/Time Venue Town/City Seetickets Viagogo
25 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £99

26 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £99

29 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £89

More Tickets

Latest Tickets - Booking Now
 
Know Your NME
 

 
NME Store & Framed Prints
Inside NME.COM