U2 frontman bono is officially worlds richest rocker-facebook investor

[SilentKnight]

The vast majority of the $300million that was raised during the 1985 'Live Aid' concert for Africa by Bob Geldof in 1995 was siphoned off by warlord Mengistu Haile Mariam and his army.

How much does Bono plan to toss down the drain this time?

[rogueteens]

Giving cash to Africa is pointless, you may as well just burn it for all the good it does.

[baddog]

Great, it will give the Irish tour guides something new to say.

[baddog]

Exactly:




If that isn't the most typical left-tard charity I've ever heard of. They give water bottles, gourmet food and other stuff to celebs and media, nothing to actual people who are starving they are supposedly helping...

I hate to agree with DamageX, but non-profit is not a business model. United Way is one of the better charities, most are money makers for those running it.

Why is it always Africa you can see on the tv they have big belly's

Starvation does that to you, the disease these children are suffering from is called Kwashiorkor, a form of malnutrition due to an extreme lack of protein. The large belly is an inflammation - an abnormal accumulation of fluid beneath the skin and their stomachs are the antithesis of full.

[baddog]

[ilnjscb]

Well he's much better at getting rich than he ever was at being a musician.

[Barefootsies]

Actually, he is NOT the richest. paul mccartney is.

George Michael is not hurting either.

Assets
According to reports, between the years 2006 and 2008, Michael earned £48.5 million ($97 million)[148] from the 25 Live tour alone, as well as earning millions more for private concerts that he periodically does, such as for Billionaire Vladimir Potanin and super rich fashion shop owner Sir Philip Green.[148] According to the Sunday Times Rich List 2011, George Michael is worth £90 million in currency alone.

That does not include his other 'investments'. Some sources have claimed he's actually really worth somewhere between $150-250+ million dollars in total assets/worth.

[georgeyw]

George Michael is not hurting either.



That does not include his other 'investments'. Some sources have claimed he's actually really worth somewhere between $150-250+ million dollars in total assets/worth.

Please tryin converting 90 million pounds to USD

[johnny o]

elevation partners are the same asshats who went "all in" with palm, which later went out of business.

http://www.elevation.com/EP_news.asp

Palm Secures Additional $100 Million Equity Investment
SUNNYVALE, Calif., Dec. 22, 2008 -- Palm, Inc. (NASDAQ:PALM) today announced that Elevation Partners has agreed to make an additional $100 million equity investment in Palm. Under a definitive agreement reached today, Elevation will increase its investment in Palm by acquiring newly issued Series C preferred stock that is convertible into Palm common stock at a price of $3.25 per share, a 31 percent premium to the closing price of Palm common stock on Dec. 19, 2008. The Series C preferred stock carries a 0% dividend rate. Elevation will also receive warrants to acquire 7 million shares of Palm common stock at the same price. Prior to March 31, 2009, Palm may elect to cause Elevation to sell up to $49 million of this new investment to other investors on the same or better terms than on which Elevation invested.

“The additional capital from Elevation Partners will enable us to put added momentum behind the new product introductions scheduled for 2009 and will provide us with enhanced stability in unsettled economic times,” said Ed Colligan, president and chief executive officer of Palm, Inc. “Elevation has been a great partner to Palm, and we appreciate their continued confidence and support.”

“We believe that Palm is in a position to transform the cell phone industry, and we are pleased to have the opportunity to make this additional investment in the company. Palm has an industry-leading team and an exciting, differentiated product roadmap. We are proud to be associated with the company and look forward to great things from Palm in 2009 and beyond,” stated Roger McNamee, co-founder of Elevation Partners.

Full News Release (PDF) , December 22, 2008

[DamianJ]

Why is it always Africa you can see on the tv they have big belly's

http://www.ecureme.com/emyhealth/data/Ascites.asp