Leaked documents reveal the investments of the rich and famous
U2 rocker Bono put his money in a shopping center in Lithuania and “Material Girl” Madonna invested in a medical supply company, according to a trove of leaked documents that show how the 1 percent stay among the world’s wealthiest.
The “Sunday Bloody Sunday” singer, whose real name is Paul Hewson, was an investor in Nude Estates, a company in Malta that bought the mall in Utena, a small town about 60 miles from the country’s capital Vilnius in 2007, according to the records dubbed the “Paradise Papers” and released by the International Consortium of Investigative Journalists.
Along with Madonna’s interest in a medical supply company, the papers show how the world’s rich and famous and politically powerful used offshore financial systems to hide their investments or cash.
Paradise Papers: Leaks Show Wilbur Ross Hid Ties to Putin Cronies
Others exposed in the Paradise Papers include President Trump’s Commerce Secretary Wilbur Ross’ connection to a shipping company partly owned by Russian President Vladimir Putin’s son-in-law, the Queen of England investing millions of dollars in a Cayman Islands fund and how Canadian Prime Minister Justin Trudeau quietly moved millions to a Cayman trust.
Paradise Papers Exposes Donald Trump-Russia links and Piggy Banks of the Wealthiest 1 Percent – ICIJ International Consortium of Investigative Journalists