Bono 'Not a Billionaire' After Facebook IPO, Still Trails Paul McCartney on Money List

Were every rock star in the world to line up according to net worth, Bono would still have to look at one man's butt. That's the word from the U2 singer himself, who told MSNBC yesterday (May 18) that, despite stories that surfaced earlier this week, the Facebook IPO did not push him past Paul McCartney on the list of richest rockers.

"Contrary to reports, I'm not a billionaire or going to be richer than any Beatle -- and not just in the sense of money, by the way, the Beatles are untouchable -- those billionaire reports are a joke," Bono told Andrea Mitchell.

The confusion likely stemmed from the fact that Bono's Elevation Partners equity firm owns 2.3 percent of Facebook, which took its stock public yesterday.

"In Elevation, we invest other people's money -- endowments, pension funds," the singer explained. "We do get paid of course. But you know, I felt rich when I was 20 years old and my wife was paying my bills. Just being in a band, I've always felt blessed."