May 24, 2013 / Division of Property
The much publicized Moore-Kutcher separation just got juicier this week with news that Moore will be seeking a portion of Kutcher’s multi-million dollar investment with Madonna’s manager, Guy Oseary and billionaire Ron Burkle. The investment in question is called A-Grade Investments, and was established to assist tech start-ups. The kicker? A-Grade is estimated to be worth a whopping $100 million dollars!
It is alleged that Kutcher invested $1 million dollars towards A-Grade in 2010, when he and Moore were still together. It is also alleged that he owns 20% of the business, so $20 million.
So what claim does Moore have to Kutcher’s portion of the investment? Moore’s lawyers have said he is now entitled to $10 million. Read More…