Recent News

(HOLLYSCOOP) -- Bono's bank account is as big as his heart--and that's saying a lot! But the U2 rocker is starting to think he's seriously overpaid for what he does.

Bono, who has an estimated net worth of almost $700 million, says he donates as much money as he can to charity because he thinks he makes more than he deserves.

Speaking at the launch of Nike's 'Lace Up, Save Lives' campaign, which aims to raise awareness and funds for the (Red) charity, Bono said: "I am very well paid, overpaid and even over-rewarded for what I do."

The charity event was attended by a number of football stars and Bono added: "These guys are very wealthy. But a lot of these soccer guys are giving something back and they don't need to do that."

Bono has donated millions of dollars to various charity campaigns throughout the year so he's truly an inspiration.

Throughout his career he's received 3 nominations for the Nobel Peace Prize, and was even knighted in 2007! If only there were more celebrities like you Bono--the world would truly be a better place!

Provided by Hollyscoop.com. All rights reserved. This material may not be republished, rebroadcasted, rewritten, or redistributed.