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The Worst Investor In America Is…

| Filed under: BonoBusiness Blitz



We're sure he's just so proud!

The U2 singer's investment into a company called Elevation Partners has earned him the titled of the "worst investor in America," according to the online publication 24/7 Wall Street.

The private American equity firm has failed disastrously in many of its efforts, including attempting to regain mobile phone market shares from Apple, RIM and other smartphone makers. Their stock has plummeted since last September and has been given the label of "arguably the worst run institutional fund of any size in the United States."

Wow! Harsh!

Maybe you should just stick to philanthropy, Bono! That seems better suited for you!

[Image via WENN.]

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18 comments to “The Worst Investor In America Is…”

  1. 1

    This tip is just for you. Invest in any green or eco-friendly type companies.
    I heard Al Gore has made millions and the science is settled.

  2. 2

    Philanthropy?? Bono doesn't give his $$ away, he lectures you at U2 concerts to give your $$ away, all the while flying in a CO2 gushing jet!!

  3. 3

    You really take pleasure in others’ misfortune, don’t you!?

  4. 4

    It's actually misfortunate that the billions, wasted on global warming junk science technology scams, didn't get to the truly poor and needy in Africa.
    Instead of being pissed off at the people, that duped you for decades, you continue the charade and protect them, just so you can pretend that the Republicans weren't right.
    Global warming. heh It's the sun stupid.

  5. 5

    Re: Trevor! – of course Perez employees (let's not call em 'writers') do…they're stuck behind a desk, working for a fat man who is getting fatter off of them. they're all angry at all the 'injustices' of this cruel cruel world

  6. 6

    Sigh…. Why do people always assume that the rich & famous are intelligent? Talented, skilled at a craft, lucky in their agents, producers, managers…sure. Personally intelligent & educated…not so much. A good 80-90% probably never got past high school…. give someone a few mill/bill and all of a sudden sans NADA by credentials they want to tell US how to live…and FAIL miserably.

  7. 7

    Cher made it to 9 th grade , if it was for Sonny she'd be a broke nobody!

  8. 8

    Egomaniac Bono, is always about the money!

  9. 9

    Re: HumansRstrange
    I say we start a PopCultureVSeducation movement.
    What do you say?

  10. 10

    Re: BUTCH8844 – Bono has a weird Jesus/Napoleon complex. I agree with you though. He wants other people to give THEIR money to charity, not his.

  11. 11

    Re: BUTCH8844 – Interestingly…Meryl Streep (college educated) said that Cher was less of the person she could have been had she had a solid education behind her. NOT that she was saying Cher was stupid…rather that she was unable to cope in "educated" society as she lacked……education.

  12. 12

    I always put mustard on my burgers!

  13. 13

    For all you fools, Bono supports a number of charities from his own money.
    I can guarantee more than any of you begrudger's give per % of your income, grow up and get a life.

    Do you think this would be a news item if Bono was not involved.
    He is involved in an investment company that has by no means earned this rep, except someone want's to make a non news event…

  14. 14

    Re: fat lazy stupid perez – Your a jackass and so is Bono… You suck and so does he. Defending the worlds biggest dueche makes you look like a fool.

  15. 15

    "Their stock has plummeted since last September"…what the hell does that mean? does elevation partners have an IPO or do you mean their investments are worthless?
    wall street has a way of bitch slapping cocky investors

  16. 16

    he did it on purpose…. he wanted to be number one at yet one more thing, like when he took the biggest crap in the world … oh wait …

  17. 17

    haha! the worst invester would be someone who doesnt invest like me… also noone gives a shit about your shitty blog, the only reason i read this is to luagh at how you like to take the piss out of celebritys… when your a failed celebrity…

  18. 18

    bono who?? can't recall anything past joshua tree