How actor, tech entrepreneur, and ‘Shark Tank’ investor Ashton Kutcher spends his millions

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Ashton Kutcher started off as a model; today he’s a successful venture capitalist in the tech space.
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Mario Anzuoni/Reuters

Ashton Kutcher wears many hats.

If you know him primarily from films and television, including “Dude, Where’s My Car?” and “That ’70s Show,” it may surprise you to hear that the 38-year-old actor has also become an entrepreneur, philanthropist, and successful venture capitalist in the tech space. He has even appeared on ABC’s “Shark Tank.”

Read on to see what else the successful former star of the MTV prank show “Punk’d” is up to – and what he’s doing with his millions.


Born in downtown Cedar Rapids, Iowa, in 1978 — minutes ahead of his fraternal twin, Michael — Kutcher comes from humble beginnings. His parents, Larry and Diane, were both factory workers and raised their three kids on a farm.

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Cedar Rapids, Iowa.
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trebomb/flickr

Source: Biography.com


Kutcher started earning and saving from a young age. His odd jobs included mowing lawns and roofing as well as skinning deer at a meat locker and baling hay. “When I was 13, I saved $1,400 for a snowmobile,” he tells Grow. “I worked after school and on weekends for one and a half years, and put every cent into a savings account.”

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When Kutcher was 13, he and his family moved to Homestead, Iowa in Iowa County. Pictured above is Iowa County (not Kutcher’s house).
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PROCarl Wycoff/flickr

Source: Grow


Kutcher continued working a variety of jobs to pay his tuition at the University of Iowa, where he enrolled in 1997 and planned to major in biochemical engineering. He dropped out and ended up going the modeling and acting route, but his interest in science and technology would resurface years later when he started investing in tech companies.

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Kutcher has been interested in science and technology from a young age.
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Michael Kovac/Getty

Source: TechCrunch and Biography.com


Kutcher landed his first acting gig in 1998, playing Michael Kelso on “That ’70s Show.” It put him on the map and led to roles in “Guess Who,” “A Lot Like Love,” and “The Guardian.” More recently, he played Apple cofounder Steve Jobs in the 2013 film “Jobs.”

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Kutcher and the cast of “That ’70s Show.”
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Frazer Harrison/Getty

Source: IMDb


While most people know him for his comedic roles in films and sitcoms, Kutcher has been involved in business ventures since 2003, when he started his production company, Katalyst. In 2011 he cofounded the venture-capital firm A-Grade Investments, followed by Sound Ventures in 2015. He was an angel investor before that.

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Brian Ach/Getty

Source: Grow


He has built an impressive portfolio, investing in buzzy tech companies such as Skype, Spotify, Airbnb, Uber, and Foursquare. Kutcher hasn’t disclosed the size of his investments, but in 2011 The New York Times estimated he had invested $50,000 to $100,000 per property.

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Araya Diaz/Getty

Source: The Atlantic and The New York Times


While his focus is on tech companies, Kutcher is open to exploring different investment avenues. When he appeared on “Shark Tank” in 2015, he and Lori Greiner struck a deal: They agreed to split a $200,000 investment for 15% each of Beebo, a shoulder strap that holds a baby bottle for optimal bottle-feeding.

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Kutcher and “Shark Tank” investor Mark Cuban.
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“Shark Tank”/ABC

Source: Business Insider


The actor-investor also makes time for philanthropy. In 2009 he cofounded a human-rights organization, Thorn, that aims to use technology to fight child sexual exploitation. Kutcher’s work outside acting and investing contributed to his being named one of Time magazine’s 100 Most Influential People in 2010.

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Frazer Harrison/Getty

Source: Thorn and Time


He has also quietly built a media empire, A Plus, which started publishing articles in April 2014 and officially launched at the end of January 2015. In a little over a year, it became one of the 50 most popular websites in the US.

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Frazer Harrison/Getty

Source: Business Insider


Kutcher’s first major purchase — his first home — was just as daunting for the star as it is for anyone else. In fact, he called it the scariest financial decision he’s ever made: “I was scared because I took on debt greater than my cash on hand. I don’t sleep well when I owe people money. I believe freedom is a product of flexibility of choice, and debt leaves you beholden to practical choices.”

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Michael Loccisano/Getty

Source: Grow


In 2012 he bought a Hollywood Hills mansion he had been renting for $50,000 a month. He paid $3.64 million for the five-bedroom home, a modern beauty made of glass and steel boxes, complete with an infinity pool.

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Frazer Harrison/Getty

Source: Business Insider


Today, he and his wife, actress Mila Kunis, live in a gated community in Beverly Hills, California. They bought their 7,350-square-foot property for $10 million in 2014 and welcomed their first child, Wyatt, into the home later that year.

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Stephen Dunn/Getty

Source: The Daily Mail


Kutcher has also invested in his mom’s home. In 2015, as a surprise thank-you gift, Kutcher remodeled her home in Homestead — the same one he and his stepdad built in the early 1990s. He facilitated the remodel from Beverly Hills using technology from Houzz, an online design site he has invested in.

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Kutcher and his mom, Diane.
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Jon Kopaloff/Getty

Source: Houzz


When Kutcher’s not building his portfolio, chances are, he’s at a ball game. Kutcher and Kunis, both big sports fans, have been spotted in floor seats at Lakers games and in Dodger Stadium, and supporting the Chicago Bears at Soldier Field.

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Kutcher and Kunis watching the Chicago Bears.
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Justin K. Allery/Getty

Source: Sports Illustrated


Kutcher has become a skilled investor, but his best investment is something anyone can afford, he tells Grow: “My relationships — taking the time to get to know [people], what motivates them, what their challenges are. These things are often overlooked. Investors get so wrapped up in returns and numbers that they forget that the true privilege of their position is to share a journey with exceptional people.”

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Kutcher and Kunis
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Frazer Harrison/Getty

Source: Grow