Tuesday, 28 July 2015
Last updated 2 min ago
May 17 2013 | 10:45am ET
A major Hollywood divorce is hung up over a hedge fund.
Actors Demi Moore and Ashton Kutcher separated a year-and-a-half ago, and filed for divorce in December. But the two haven't reached a settlement, in part because Moore insists she's entitled to $10 million from a hedge fund Kutcher set up with Guy Oseary, Madonna's manager.
According to the New York Post, Kutcher has told Moore that his contribution to A-Grade Investments was just $1 million. But the tabloid reports that Kutcher and Oseary, in a proposed private offering, valued the fund at $100 million. Moore wants half of Kutcher's 20%, or $10 million.
"Ashton made a lot of money after they married, but he doesn't believe he owes her as much as she is asking for" in spousal support, a source told the Post.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…