Part of Tom Cruise’s divorce settlement from Katie Holmes included monthly child support payments for Suri until she turns 18.
Tom Cruise has enjoyed massive success and fame when it comes to his acting career. However, his personal life has been a bit more of mystery. Cruise underwent three divorces, which includes Mimi Rogers, Nicole Kidman and Katie Holmes.
Nowadays, Cruise continues to struggle in finding love, breaking up with his on again, off again partner, Hayley Atwell.
In the following, we’ll take a look at Tom Cruise’s settlement alongside Katie Holmes, released to the public back in 2012. According to the details, Cruise had to fork over a small part of his wealth for child support payments.
We’ll take a look at those details, along with what Katie Holmes got from the divorce. Given that a prenup was in place, Cruise’s massive $600 million fortune went untouched.
Katie Holmes Apparently Plotted Her Split From Tom Cruise For Weeks
It is believed that the divorce decision wasn’t something Katie Holmes came up with overnight. The reasoning behind it still seems unclear, however, Tom’s religion might be part of the reason, or a major part.
Nonetheless, according to New York Post back in 2012, Holmes, alongside daughter Suri, had a secret apartment in Chelsea, which they used to plot the divorce. Speculation suggests Tom Cruise was caught completely off guard by the entire ordeal.
New York Post writes, “Katie Holmes plotted divorcing Tom Cruise for weeks, even renting a secret Chelsea hideaway to escape with daughter Suri. Two building sources and a resident told The Post they’ve spotted Holmes, 33, in a posh 19-story Seventh Avenue building, where rents range from $4,000 to $25,000 a month and celebs secure under-the-radar homes.”
Nowadays, that the dust has settled, both sides are in a different place. Katie Holmes continues to live a quiet life alongside Suri in New York.
The opposite holds true for Tom Cruise, who continues to be focused on work, recently enjoying massive success thanks to Top Gun: Maverick. As for his relationship with daughter Suri, that remains unclear, but what we do know is that Tom was ordered to pay a big chunk of change.
Tom Cruise Has To Fork Over $400,000 Per Year For Child Support Payments Until Suri Turns 18
Given Tom Cruise’s insane net worth these days of $600 million, the child support payments really aren’t much for the actor. In truth, he walked away from the divorce with quite the tame settlement.
Reported by TMZ back in 2012, Cruise agreed to monthly child support payments, which would expire once Suri turns 18. She’s currently 16, so the clock seems to be ticking.
TMZ reported, “According to the settlement, Tom must pay Katie $400,000 a year in child support. That comes to $33,333.33 a month. The money will be paid by electronic transfer.”
The outlet continues, “Tom must pay Suri’s support for the next 12 years — until she turns 18. All tolled, that comes to $4.8 million. Tom must also pay Suri’s expenses, including medical, dental, insurance, education, college and extracurricular costs.”
It is a tame price to pay for Cruise, especially considering the settlement he walked away with alongside Katie Holmes. When it was all said and done, Holmes walked away with nothing from Cruise’s fortune.
Katie Holmes Didn’t Get Anything From Tom Cruise’s Wealth Since A Prenup Was In Place
With a $600 million net worth, Katie Holmes could have done some damage to Cruise’s bank account. However, Tom always seems to be one step ahead, heck this is the same guy that made his nanny sign an NDA…
Ultimately, Holmes walked away with nothing due to a prenup put in place by the couple. It really isn’t like Katie Holmes needed the money anyway, with a huge net worth of $25 million.
In addition, she might’ve got a bit extra behind closed doors, given she never publicly spoke about her relationship with Tom. This might mean that a certain NDA was signed, perhaps for a certain fee from Holmes.
She isn’t working major blockbusters like Cruise these days, however, Holmes continues to keep active with two upcoming projects. One of them is in the post-production phase, Rare Objects. While she also wrapped up a TV movie for FOX.
