Ashton Kutcher backs face-hugging AI company — here’s his net worth

Actor and investor Ashton Kutcher’s venture capital firm Sound Ventures LLC is one of the investors in open source AI company Hugging Face.

Last week, Sound Ventures was reportedly part of a $235 million Series D funding round for Hugging Phase, along with Salesforce, Nvidia and Microsoft. Yahoo Finance. The unicorn AI company is now valued at $4.5 billion.

In May, Kutcher’s Sound Ventures raised nearly $243 million in five weeks to invest in AI startups. Bloomberg.

Key takeaways

  • Actor Ashton Kutcher’s VC firm Sound Ventures was reportedly part of a $235 million Series D funding round for Hugging Face. Yahoo Finance.
  • Kutcher’s net worth is $200 million Celebrity Net Worth
  • The actor was an early investor in successful startups like Uber, Airbnb and Spotify.
  • Kutcher’s Sound Ventures LLC manages $1 billion in assets.

Hollywood actor, best known for acting in movies and TV shows That 70s show, Two and a Half Men, And most recently, the Netflix movie Your place or mine, where she stars opposite Reese Witherspoon. However, Kutcher is a venture capitalist who has invested in a series of successful technology companies.

Thanks to his career as an actor and his savvy tech investments, Kutcher has a net worth of $200 million Celebrity Net Worth Here’s how Kutcher made his millions.

Acting

Kutcher rose to fame on Fox’s hit sitcom, That 70s show, There he starred alongside his wife, Mila Kunis. Kutcher also hosted MTV’s popular prank show Punkt in the early 2000s. The actor replaced Charlie Sheen on the show and became one of television’s highest-paid stars. Two and a Half Men –Kutcher reportedly earned $750,000 per episode Vanity Fair.

He has also acted in many movies like Kutcher The Butterfly Effect, What Happens in Vegas, And jobsHe played the role of Steve Jobs.

Investments

Kutcher’s acting career made him millions, but his lucrative investments made him even more. The actor earned millions as an early investor in successful startups like Skype, Uber, Airbnb, Spotify, Warby Parker, Pinterest and Shazam.

In 2010, Kutcher and Ociri formed A-Grade Investments, which was backed by billionaire Ron Burke. The pair invested in startups like lyrics platform Genius, Airbnb and Uber. The trio initially raised $2.5 million in Airbnb, $500,000 in Uber and $3 million in Spotify. Forbes.

In 2015, Kutcher and Ozery founded Sound Ventures LLC, a venture capital firm, with a $100 million investment from Liberty Media.

Today, Sound Ventures manages more than $1 billion in assets, with a portfolio that includes companies like Affirm, Airbnb, Chegg, SeatGeek, Duolingo, Nest, Pinterest, Spotify, Robinhood and Uber. Along with the company’s new $240 million AI fund, Sound has already invested in OpenAI, Anthropic, Stability AI and most recently Hugging Phase.

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