Tag Archives: Bono

Um.

At Davos.

Bono announcing a new organisation with his private equity firm TPG that will help investors “effectively understand the impact of their decisions” and that money given to benefit society actually benefits society.

*cough*

U2’s Bono and TPG Launch Company to Measure ‘Impact Investments’ (Wall Street Journal)

Top pic: Rollingnews

Thanks JohnnyNYC

Quincy Jones and Bono in Dublin in 2002

Vulture: “Is Hollywood as bad with race as the rest of the country? I know that when you started scoring films, you’d hear producers say things like they didn’t want a “bluesy” score, which was clearly code-speak. Are you still encountering that kind of racism?”

Quincy Jones: “It’s still fucked up. 1964, when I was in Vegas, there were places I wasn’t supposed to go because I was black, but Frank [Sinatra] fixed that for me. It takes individual efforts like that to change things.

It takes white people to say to other white people, ‘Do you really want to live as a racist? Is that really what you believe?’

But every place is different. When I go to Dublin, Bono makes me stay at his castle because Ireland is so racist. Bono’s my brother, man. He named his son after me.”

Vulture: “Is U2 still making good music?”

Quincy Jones: [Shakes head.]

Vulture: Why not?

Harsh but fair?

YOU decide!

In Conversation: Quincy Jones (Vulture)

Pic via Achievement.org

Thanks Carlos Strange

Ausra shopping centre, Lithuania (top) part owned by Bono (above) in an elaborate tax avoidance scheme

Bono has expressed horror that a Lithuanian shopping centre business he invested in may have fallen foul of the country’s tax rules.

In a statement, the U2 frontman said he would be “extremely distressed if even as a passive minority investor … anything less than exemplary was done with my name anywhere near it”.

He reacted after Lithuania’s tax authorities said they were preparing to examine the details of the business over concerns that it avoided profit tax.

Bono ‘distressed’ by fears firm he invested in may have avoided profit tax (The Guardian)

Yesterday: Mall That You Can’t leave Behind

Pics: Getty

Meanwhile…

Oh.

Documents from Malta’s business registry reveal Bono’s hidden stake in Utena’s Ausra (Dawn) shopping centre in Lithuania (top). property developer Paddy McKillen

The 3,700-square-metre mall, which opened in 2006, was built by Eika, one of Lithuania’s leading developers. In April 2007, the developer announced it had sold the mall to an unnamed “foreign investor”.

The buyer was UAB Nude Estates 2, a Lithuanian company. Records show the company was ultimately part-owned by Bono, via a series of confusingly named offshore companies.

Between 2007 and 2012, UAB Nude Estates 2 was owned by a similarly named Maltese offshore company, Nude Estates Malta Ltd. Leaked registry documents show Bono is listed as one of three owners of Nude Estates Malta, along with a man named Robin Andrew Barnes and Patrick Gerard McKillen.

Mr McKillen is an Irish businessman who also co-owns a luxury Dublin hotel [The Clarence] with Bono and U2 guitarist David Howell Evans, also known as The Edge.

In 2012, ownership of the Lithuanian company was transferred to another offshore company, this time in the British Crown Dependency of Guernsey, called Nude Estates I Ltd.

It is unclear how large Bono’s investment in the Utena mall is, or how much it has earned him. In its 2007 financial records, the Lithuanian company, Nude Estates 2, stated its fixed assets were valued at 19.6 million Lithuanian litas, then worth about $10 million.

Bono used Malta-based firm to invest in Lithuanian shopping centre (The Guardian)

Paradise Papers: Inside Bono’s secret stake in a small-town Lithuanian shopping centre (ABC)

Header: Bertie Blenkinsop

  from left, Bill Shipsey of Amnesty Internatonal and U2’s Bono look on in Dublin Airport; Aung San Suu Kyi with then Tanaiste and Minister for Foreign Affairs Eamon Gilmore (right), as Irish/Burmese Sophia Kelly presents flowers

Further to reports that more than 420,000 Rohingya Muslims have fled violent attacks by Buddhists in Myanmar.

Trayvon writes:

We are into the second week of this but finally a European leader has called this for what it is [French President Emmanuel Macron has said attacks on Myanmar’s Rohingya minority amounted to “genocide].

it is now time to rescind Aung San Suu Kyi of ALL the honours she picked up on her Bono-led tour of Ireland We cannot and should not honour apologists for genocide.

Satellite images show sprawling Rohingya refugee camps (San Fransisco Chronicle)

Call to strip Myanmar’s leader Aung San Suu Kyi of Ulster Degree (Belfast Telegraph)

Rollingnews

Splutter!

Rob writes:

UKIP launched their manifesto for the UK General Election yesterday. A friend of mine has the misfortune of having to read it for his nub and has been sending me the “best” parts. It’s as mad as you’d hope. As well as saying burquas should be banned because they deprive the wearer of vitamin D they are also looking to Bono for policy advice…

UKIP General Election 2017 Manifesto

Son

SON – Exit

Susan O’Neill, operating as SON with a live acoustic version of ‘Exit’ from U2’s The Joshua Tree.

Olaf Tyaransen, at Hot Press, writes:

On Friday morning I sent Bono an email with a link to Susan;s video , which was filmed by Rowan Stokes in the Hot Press offices to mark the 30th anniversary of ‘The Joshua Tree’.I included Susan O Neill’s contact details, but didn’t bother mentioning to her that I’d sent it.

U2 are currently in New York, recording and rehearsing for their forthcoming album and tour, and I figured he’d probably be far too busy to be checking his inbox….

…Yesterday afternoon, he sent a really lovely message to “black eyed Susan”, telling her that her version of his song “took me aback in its simplicity and power… stark and still until it wasn’t.”

He went on to say that it was “great unfucked up work on a fucked up song,” before signing off with, “Your fan, Bono.”

Make swearing history.

FIGHT!

The Joshua Tree 30 Years On: How U2 Conquered The World In The New Issue Of Hot Press (Hot Press)