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Liquid Assets: Bono's Millions
To be broadcast: 23 Feb, 1 Mar
We've got the short and sweet stats of the big money (earned and spent) by our lush celebs uncovered by the finance fiends from Liquid Assets. Bono is the latest to reveal his figures... which are quite handsome for a strong-minded singer from Dublin.
We reckon Bono can bank on a personal fortune totalling around ?108 million - having earned around ?26m of it from U2's songs. And that's despite splitting all profits not four, but five ways - with all band members and manager Paul McGuinness.
Because artists in Ireland are exempt from paying tax on royalties or artistic incomes, Bono's saved millions of pounds over the years. The band's royalty rate is believed to be 28% making them one of the highest earning acts in pop history.
Touring has helped increase the tally:
Gigging world-wide in the 90s = ?210m
Record sales = ?200m
Songwriting royalties = ?200m
And the band's still going strong - U2 earned around ?5m from performance royalties last year alone.
Bono has made a few investments in property:
Apartment in Atlanta worth ?2.5m
20-room house in Ireland worth ?2.5m
He co-owns a house in France as well as a hotel in Dublin with The Edge but the hotel has recently reported accumulated losses of ?4.5 million. In spite of this, Bono can still claim an overall bricks and mortar wealth of ?7 million.
Touring doesn't come cheap for the gang - the stage show is often well worth an evening with U2. But to get there the boys have gotten used to travelling by private jet. To buy this would cost ?35m, to rent it would cost ?20k a day plus another ?3k for every hour it flies.
Watch out for the Liquid Assets financial figures on other celebs here on the website after each programme (David Bowie, P Diddy... find out who's the biggest Daddy of em all!)
Liquid Assets: Bono's Millions
To be broadcast: 23 Feb, 1 Mar
We've got the short and sweet stats of the big money (earned and spent) by our lush celebs uncovered by the finance fiends from Liquid Assets. Bono is the latest to reveal his figures... which are quite handsome for a strong-minded singer from Dublin.
We reckon Bono can bank on a personal fortune totalling around ?108 million - having earned around ?26m of it from U2's songs. And that's despite splitting all profits not four, but five ways - with all band members and manager Paul McGuinness.
Because artists in Ireland are exempt from paying tax on royalties or artistic incomes, Bono's saved millions of pounds over the years. The band's royalty rate is believed to be 28% making them one of the highest earning acts in pop history.
Touring has helped increase the tally:
Gigging world-wide in the 90s = ?210m
Record sales = ?200m
Songwriting royalties = ?200m
And the band's still going strong - U2 earned around ?5m from performance royalties last year alone.
Bono has made a few investments in property:
Apartment in Atlanta worth ?2.5m
20-room house in Ireland worth ?2.5m
He co-owns a house in France as well as a hotel in Dublin with The Edge but the hotel has recently reported accumulated losses of ?4.5 million. In spite of this, Bono can still claim an overall bricks and mortar wealth of ?7 million.
Touring doesn't come cheap for the gang - the stage show is often well worth an evening with U2. But to get there the boys have gotten used to travelling by private jet. To buy this would cost ?35m, to rent it would cost ?20k a day plus another ?3k for every hour it flies.
Watch out for the Liquid Assets financial figures on other celebs here on the website after each programme (David Bowie, P Diddy... find out who's the biggest Daddy of em all!)
