Geldof staged a similar event, Live 8, in 2005. Other than that his involvement in various philanthropic activities have earned him a life peerage from Queen Elizabeth II, who has included the rocker in her Birthday Honours list in June (09).
The Irish-born singer is eligible for the accolade because he now has London as his residence. "His achievements are second to none and his ability to highlight important campaigns is admirable. He'll be a fantastic ambassador for the House of Lords," Contactmusic quoted a source as telling British tabloid The People.