Bono net worth: is $700 million dollars. He is an Irish singer and political activist. He is best known as the lead singer of the U2 band. He is both a humanitarian and an investor.
Bono was born on May 10, 1960, in Dublin, Ireland, as Paul David Hewson. Iris and Brendan Robert “Bob” Hewson reared him in the Finglas area. Bono’s mother, Iris, died when he was barely 14 years old. He grew up idolising David Bowie, Bob Dylan, and Leonard Cohen, and was a member of the surrealist street gang Lypton Village with his mates. The gang gave Bono the moniker Bono Vox of O’Connell Street, which translates to “excellent voice” from the first part of his name, bonavox. He picked the stage name Bono, but everyone in his real life, including close relatives and friends, now refers to him as Bono.
Bono formed U2 in response to an ad on his school’s bulletin board when he was 16 years old. David Evans (The Edge) and brothers Dik and Adam Clayton were among those who responded to the ad. During its early jam sessions, the band went by the name Feedback and played Rolling Stones and Beach Boys cover songs. They started writing their own songs after realising their covers weren’t quite working. Bono began his career singing, playing guitar, and writing songs for the band. In 1977, Feedback changed their name to U2 (through The Hype). In 1980, U2 signed with Island Records. Their first singles and albums did not chart, and the band considered disbanding as a result of their lack of success. U2 had begun to build a reputation for themselves and earn international notice by the publication of “War” in 1983. “New Year’s Day,” the band’s first single, reached No. 10 on the UK charts and became their first international smash, receiving extensive broadcast outside of Europe. The album was the band’s first commercial triumph, charting at number one in the United Kingdom. The band had become a household name by the time their fifth album, “Joshua Tree,” was released in 1987. Bono’s lyrics for their 1991 album “Achtung Baby” were influenced by his personal life, revealing a more personal side of him.
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U2 has now gone on to become one of the most successful bands in the world, releasing 14 studio albums, selling out live arenas on a regular basis (earning millions of dollars per tour), and won 22 Grammy awards. In 2003, Bono received a Golden Globe for “The Hands That Built America,” a song written for the film “Gangs of New York.” Almost all of U2’s songs include lyrics penned by Bono. He’s recognised for his defiant demeanour, producing lyrics that are both politically charged and have a social justice theme. In 2005, Bono and the rest of U2 were inducted into the Rock & Roll Hall of Fame. Throughout his long career, Bono has been named to numerous lists of the greatest vocalists and composers of all time. Bono has collaborated with hundreds of performers, including Frank Sinatra, Johnny Cash, Ray Charles, and Bruce Springsteen, among many others, in addition to his success with U2. The music and lyrics for the Broadway musical Spider-Man: Turn Off the Dark were also written by Bono and The Edge.
Bono has become a well-known social activist as a performer in the Live Aid, Band Aid, and Live 8 concerts, as well as a campaigner for third-world debt relief and more international involvement in the African AIDS issue. He has appeared on Time magazine’s list of the 100 most influential people on multiple occasions. Bono co-founded DATA (Debt, AIDS, Trade, Africa) in 2002, and followed it up with Project Red, a well-known anti-disease campaign in Africa. In 2004, Chile honoured Bono with the Pablo Neruda International Presidential Medal of Honor. Bono was appointed an honorary Knight Commander of the Order of the British Empire in 2007, and was formally knighted in Dublin in March 2007. He also won the NAACP Image Award that year. In 2008, Bono received the annual Man of Peace award, which is given out by numerous Nobel Peace Prize laureates.
Bono’s other ventures: In addition to his activism, Bono is a successful businessman. Bono purchased and renovated the Clarence Hotel in Dublin in 1992, turning it from a 70-room to a five-star, 49-bedroom hotel. He also has a sizable real estate portfolio and is a member of the board of directors of Elevation Partners, a private equity business. Bono joined the Board of Directors of Zipline, a drone delivery company, in 2019.
Bono’s personal life began in 1982, when he married Alison (Stewart) Hewson, a fellow activist and businesswoman. Jordan and Memphis Eve are their daughters, and Elijah Bob Patricius Guggi Q and John Abraham are their sons. Bono is a devout Christian, which he claims fuels his activism and humanitarian activities.
Bono has glaucoma, which is why he wears sunglasses practically all of the time. He was rushed to a clinic in Munich, Germany for emergency neurosurgery after suffering a spine injury while on tour in May 2010. Bono was in a bike accident in November 2014 that nearly took away his ability to play guitar. He had emergency surgery for his shoulder blade, humerus, and pinky finger, which took five hours.
Is Facebook to Blame for Bono’s Billionaire Status?
Bono allegedly became a billionaire after investing in Facebook through his private equity firm, Elevation Partners, according to common belief. It’s true that Elevation made a $210 million pre-IPO investment in Facebook. The group’s stake was worth roughly $1.5 billion at its peak, before they sold. The portion of the tale that most people are unaware of is that Bono is one of Elevation’s six founding partners, and that Elevation is only entitled to about 20% of the income generated by its investments. After all is said and done, Bono will have profited between $40 and $50 million from his Facebook investment. It’s still an incredible comeback!