(06-26-2002) U2 earns its place among the planetís top earners - Irish Examiner - U2 Feedback

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Old 06-26-2002, 10:55 AM   #1
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(06-26-2002) U2 earns its place among the planetís top earners - Irish Examiner

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June 26, 2002
U2 earns its place among the planetís top earners


By Conor Keane

THE sweetest thing for U2 was their latest record earning world tour as it pushed the bandís income into the stratosphere to make them the joint fourth top entertainment earners of 2002.
The Irish rock group were on par with world number one golfer Tiger Woods in the earning stakes, according to Forbesí 100 Top Celebrities list.

U2 did not make the list in 2001 or 2000 but their latest world tour grossed Ä134m and netted close to Ä20m for the Dublin quartet, who stole the show at the Super Bowl American football final in New Orleans earlier this year.

The 2002 Sunday Times Rich List had the four band members Bono, 40, Adam Clayton, 42, the Edge, 40, and Larry Mullen, 40, on a combined wealth of Ä663m. It is estimated the bandís back catalogue sales alone brings in Ä40m, with radio royalties adding a further Ä10m.

Forbes reckons U2 to be the fifth most powerful entertainment phenomenon on the globe, and leader Bono (Paul Hewson) has been making as much noise off the stage as on it with his crusade to get rich countries to help poorer nations. Just before the weekend, Bono visited French President Jacques Chirac.

ďIím here because he (Chirac) has a passion for Africa and I want to turn that passion into cash,Ē Bono said, before going into the meeting at the imposing Elysťe Palace.

Asked afterward if he had succeeded, Bono joked: ďWell, he gave me 50 francs for the taxi.Ē But he quickly went on to say: ďFrance has been generous but in the last years itís gone down. He promised me they (the new French government) would reverse that trend, and Iím very happy about that.Ē
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