Reports suggest that Suri Cruise, the daughter of Tom Cruise and Katie Holmes, has accumulated a significant fortune through this trust fund.
Tom Cruise is among the most renowned names in Hollywood, having proved his mettle and left audiences in awe with his acting prowess. One of the most famous actors on the planet, Tom is also a father to three children: Bella, Connor, and Suri. Not many people know that Tom’s daughter, Suri Cruise, has reportedly become a millionaire through a substantial trust fund.
Reports suggest that Suri Cruise, the daughter of Tom Cruise and Katie Holmes, has accumulated a significant fortune through this trust fund. When Suri’s parents separated, they established a trust fund for her, setting aside a considerable amount.
According to reports, Suri is currently allowed access to a portion of the fund after turning 18 in April. However, she will gain full access to it once she turns 30. As per a report by The Blast, a portion of Suri Cruise’s parents’ divorce settlement included specific provisions for her trust fund.
Upon being granted full access to the trust fund, Suri’s wealth is expected to significantly increase. When Katie Holmes and Suri parted ways with Tom Cruise in 2012, the trust fund was included as part of the divorce agreement.
A source close to the family revealed, “Katie is fiscally responsible and focused on providing Suri with a great quality of life.”
Tom Cruise reportedly has a net worth exceeding $600 million. Reports state that his financial obligations toward Suri include $33,000 in monthly child support payments until she turns 18. Additionally, he covers her health insurance, education fees, and extracurricular expenses.
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