It's closing in on two years since Ashton Kutcher and Demi Moore announced they decided to split after six years of marriage, and a bitter fight over their millions continues to drag out their divorce.
The New York Post reports that the former couple are in a $10 million battle over A-Grade investments, the venture capital fund Kutcher formed with Madonna’s manager Guy Oseary and billionaire Ron Burkle, which was recently valued at $100 million.
Sources familiar with Kutcher and Moore's ongoing divorce proceedings told the paper that the actor has made a lot of money in the 18 months since they split, and he doesn't believe he owes her as much as she's asking for.
“Ashton set up A-Grade with Oseary and Burkle in 2010, when he and Demi were still together, but he recently told her lawyers the fund had not made substantial money. In fact, he claimed he had only put about $1 million into it," the source told the Post. “Now it seems Ashton and Oseary were working towards a private offering based on a valuation of $100 million. Ashton owns 20 percent of the fund, under California law, Demi should be entitled to half of his share — $10 million.”
The "Two and a Half" men star and partners announced they would be looking for outside investors at Techcrunch’s Disrupt earlier this month, and though they haven't confirmed all of A-Grade’s investments, some of the confirmed companies include Airbnb, Shazam, Path, Flipboard, Foursquare, Uber, Spotify, Fab.com and Soundcloud.
There have long been reports that the couple's divorce could be one of the most expensive in Hollywood history as Kutcher is TV’s highest-paid actor and reportedly worth $140 million. And while Moore doesn't need the money, having allegedly netted $90 million in her divorce from Bruce Willis, the Post previously reported that the 50-year-old actress was "shocked" and "really hurt" by Kutcher's decision to make the first move to file for divorce.
"Demi was asking for so much money, and [the negotiation] was dragging on so long, that Kutcher got fed up and filed papers, which means their divorce negotiations will become more public," a source previously told the Post.
With hurt feelings and millions of dollars on the line, it doesn't seem like the couple will agree on a settlement anytime soon.
Request for comment made to Kutcher's rep has not been returned at this time.
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