Saturday, January 12, 2008
Bono Defends His Billion-Dollar Business
Bono Defends His Billion-Dollar Business
Rocker Bono has defended his decision to set up a $1.9 billion investment company, insisting it doesn't contradict his image as a poverty-campaigner. The U2 frontman is one of five co-founders of Elevation Partners - named after one of the band's songs - which has a $1.9 billion fund and recently invested $250 million into American magazine Forbes, which openly describes itself as a "capitalist tool."
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Rocker Bono has defended his decision to set up a $1.9 billion investment company, insisting it doesn't contradict his image as a poverty-campaigner. The U2 frontman is one of five co-founders of Elevation Partners - named after one of the band's songs - which has a $1.9 billion fund and recently invested $250 million into American magazine Forbes, which openly describes itself as a "capitalist tool."
More from here
PermaLink - Bono Defends His Billion-Dollar Business posted by Ecacofonix : 8:30 AM
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