New York Times
Elevation Partners, which
includes musician
Bono, has paid up to $300 million for more than 40% of Forbes Media, reports
David Carr. "Bono's investment in a magazine that celebrates wealth and consumption is bound to raise eyebrows," he writes. But [Elevation co-founder
Roger] McNamee said the stake in Forbes did not necessarily clash with his politics and his rhetoric, saying, 'The way you solve poverty is giving people the tools to overcome it.'"
