Posts Tagged ‘Charity’

Not ones to lecture but....

Not ones to lecture but….

The activists Bob Geldoff and Bono have announced their intentions to donate their respective fortunes to various charities. In a joint statement, Live Aid co-founder Geldoff and the U2 singer, Bono (real name Paul Hewson), said they felt the time was right to ‘set an example’.
The news has been warmly welcomed by charity figureheads such as Concern CEO, Tom Arnold, who described the gesture as ‘extraordinarily generous’ and hailed the pair for what he called their ‘immeasurable’ contribution to charity. U2 frontman Bono is believed to be worth in excess of one billion dollars, a sum accumulated through the groups massive commercial success over the past thirty years as well as through shrewd business investments (it was reported recently that the Irish rock star made a $300 million profit after selling his 5% stake in social media behemoth Facebook). (more…)