Profile – Business of Stars: Ashton Kutcher – His investments in start-ups and how much money he made

American actor Ashton Kutcher is not only dedicated to the entertainment industry. He also invested his money in tech startups. He is best known for investing in Uber and Airbnb. But he also invested money in several other startups.

He managed to turn a fund of $ 30 million into $ 250 million in six years, making early bets on Uber and Airbnb. Isn’t this a successful movement?

Ashton Kutcher founded in 2010 with Guy Oseary and Ron Burkle a venture capital firm, A-Grade Investments. The company’s headquarters are in Los Angeles. The main reason the three men formed A-Grade Investments was to invest in tech startups as a group. A-Grade Investments would be worth $ 250 million.

They thus made their investments in Uber and Airbnb. As it became known, they managed to multiply 30 million euros to 250 million euros. Besides Uber and Airbnb, the company has also invested in Spotify, Shazam, Couple, SoundCloud and Muse.

Ashton Kutcher also owns Sound Ventures. Sound Ventures is a fund that in November 2020 revealed its intention to raise a third fund of $ 150 million. The same total was raised as a second fund in 2018. Ashton Kutcher is said to have investments in over 60 companies.

The famous actor participated in several technology companies as an employee. For example, he worked at Lenovo as a product engineer and was a member of the management team of tech startup Ooma, launched in September 2007. Its investments were extended to two restaurants. In Italian Dolce and Japanese named Geisha House with locations in Atlanta, Los Angeles and New York.

Surely he wouldn’t have expected him to be able to make so much money not only as an actor but also as an investor. When he was young he worked to earn money. He usually mowed the lawns in the gardens and washed the dishes. At 13, he bought his first snowmobile. He worked after school and on weekends for a year and a half, so he raised $ 1,400 to buy the snowmobile. From an early age, he didn’t seem to be afraid of hard work and was willing to work hard for money.

With a net worth of $ 200 million, Ashton Kutcher is one of the richest stars in Hollywood. On That ’70s Show, he earned between $ 250,000 and $ 300,000 per episode, while for his stint in Two and a Half Men, replacing Charlie Sheen, he earned $ 700,000 per episode. He also earns money by renting out his house in Beverly Hills for $ 55,000 a month. He lives with his family in a beach house in Santa Barbara that he bought for $ 10 million in 2017.

Most importantly, he booked a seat on Richard Branson’s Virgin Galactic for a space trip that costs $ 250,000. Ashton Kutcher is one of the few super rich people who bought a ticket to participate in this historic endeavor.