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- Oct 20, 2012
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It’s a beautiful day for Bono — who has now made more money by playing the stock market than by playing music.
The U2 frontman is raking in millions thanks to a 2.3 percent share of Facebook he and five fellow investors purchased for $86 million back when the social-media site went public in 2009.
Bono’s investment group, Elevation Partners, purchased another $120 million in Facebook shares from private shareholders in 2010, according to valuewalk.com.
Six years later, that savvy investment has paid out more than $1.4 billion, with Bono’s personal cut worth about $43 million, the Web site estimates.
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