Rock Star Billionaire?

KNTV's Scott Budman, reports Elevation Partners, run by U2's Bono, could make as much as $1.5B on the Facebook IPO; a New York jury has awarded businessman Donald Drapkin $16M in damages, in his lawsuit against billionaire Ron Perelman; and a bankruptcy court gave AMR, the parent company of American Airlines permission to walk away from nine aircraft leases.

CNBC | January 28, 2012

Tags:. .kntv. .perelman. .businessman. .amr. .ipo