Tag: Bruce Willis
Bruce Willis sues over his rubber
by Juicy on Nov.22, 2008, under Celebrity Legal, Celebrity Money, Inside a Celebrity's Head
Bruce Willis doesn’t play around when it comes to his rubber money.
Willis is suing a Malaysian company for his $2 million investment in “a revolutionary techonolgy to produce devulcanized ‘green rubber.” The product would be non-toxic and recyclable.
Bruce claims that Elastomer Technologies and The Petra Group guaranteed it was a “no risk” investment with a”put option” and could demand his money back at any time.
Willis says he has gotten $1,100,000 back so far and is still owed $900,000.
