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

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

U2 Tickets
Date/Time Venue Seetickets Viagogo


NOT AVAILABLE

Buy U2 Tickets

from £144


NOT AVAILABLE

Buy U2 Tickets

from £126


NOT AVAILABLE

Buy U2 Tickets

from £122


NOT AVAILABLE

Buy U2 Tickets

from £135


NOT AVAILABLE

Buy U2 Tickets

from £109


NOT AVAILABLE

Buy U2 Tickets

from £109

back to top

More News
Will Butler shares new Christmas song 'Christmas 2014' - listen
Gucci Mane releases Christmas album
Google to start publishing lyrics online
Sleaford Mods criticise UKIP and cereal "jesters" in alternative Christmas Queen's...
Thom Yorke tops list of most legally downloaded artists on BitTorrent in 2014
Fat White Family share new song for Christmas - watch
Radio 1 boss George Ergatoudis: 'There's no reason why there couldn't be a new...
Gerard Way: 'I miss the theatricality of My Chemical Romance'
14 more songs from Madonna's upcoming album leak online, including Pharrell collaboration
St Vincent hosts radio show for BBC 6 Music's 'Three Wise Women' Christmas...
The War on Drugs' Adam Granduciel: 'I didn't like the way Mark Kozelek criticised...
Avril Lavigne denies rumours that she's in rehab
Prince shares lyric video for 'ANOTHERLOVE' - watch
Arctic Monkeys share short documentary film to mark end of 'AM' world tour
Wale and A-Trak release new Seinfeld-themed 'Festivus' mixtape
Madonna asks fans not to listen to her leaked album tracks
Bryan Ferry's son Merlin injured in car crash
One Direction sing 'Santa Claus Is Coming To Town' with Jimmy Fallon and The Roots - watch
Footage emerges of a young Björk telling the nativity story - watch
Kanye West impersonator turns 'Yeezus' into a Christmas album - listen
$39 million settlement reached for 2011 Sugarland stage collapse which killed seven
Darkside's Dave Harrington joined by Antlers' frontman for Joni Mitchell cover - listen

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 £144

26 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £126

29 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £122

More Tickets

Latest Tickets - Booking Now
 
Know Your NME
 

 
NME Store & Framed Prints
Inside NME.COM