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U2 rocker Bono is reportedly set to become a billionaire thanks to his shares in social networking site Facebook.
The 51-year-old singer's investment company Elevation Partners, which he co-founded with former Apple boss Fred Anderson, spent a huge $210 million buying up shares in the world's top social networking site in 2009 — and the gamble has paid off, reported Contactmusic.
After Facebook was valued at $65 billion earlier this week, Bono's portion of the company has been boosted to $975 million.
The 51-year-old singer's investment company Elevation Partners, which he co-founded with former Apple boss Fred Anderson, spent a huge $210 million buying up shares in the world's top social networking site in 2009 -- and the gamble has paid off, reported Contactmusic.
After Facebook was valued at $65 billion earlier this week, Bono's portion of the company has been boosted to $975 million.
U2 are already one of the world's highest-earning groups, pulling in more than $736 million on their recent 360 Tour.
