Suri Cruise joins millionaire club at 18: Here’s how much she has inherited from Tom Cruise
Suri gained access to a trust fund set up by her father, Tom Cruise, when she turned 18 in April. This trust was part of her parents' divorce agreement in 2012, and Suri also has another trust fund set up by her mother, Katie Holmes.
Suri Cruise, the daughter of Hollywood ex-couple Katie Holmes and Tom Cruise, officially accessed her trust fund at the age of 18 as part of a 2012 divorce agreement. While she receives some of her inheritance now, the rest will be available when she turns 30.
So, how much is Suri's net worth? We take a look.
The Trust Fund From Tom Cruise
Suri gained access to a trust fund set up by her father, Tom Cruise, when she turned 18 in April. However, according to a report by DailyMail.com, the inheritance is not a lump sum amount.
This trust was part of her parents' divorce agreement in 2012, and Suri also has another trust fund set up by her mother, Katie Holmes.
A source close to the family revealed, “Katie is fiscally responsible and focused on providing Suri with a great quality of life.”
While some funds are available to Suri now, according to the publication, the majority of the inheritance will be released when she turns 30.
The total amount of the trust fund is not known, but according to DailyMail, it is a “great deal of money.”
The idea is to “provide financial security without overwhelming her,” the source was quoted as saying.
How Much is Suri Cruise's Wealth?
Reportedly, Tom Cruise is worth more than $600 million. His financial obligations towards Suri include $33,000 monthly child support payments (till 18 years of age); besides this, he also provides health coverage, education fees and extracurricular expenses, the report added.
Cruise is also paying for Suri's college tuition at Carnegie Mellon University in Pittsburgh, Pennsylvania, which is estimated to be around $65,000 each year. Suri is in freshman year (first year) studying dance and theatre, the report added.
A Hollywood baby, Suri has already contributed to some movies, having sung two soundtracks for her mother Katie's films — 2022's Alone Together and 2023's Rare Objects.
Reports, citing close friends, describe Suri as intelligent and mature and has a loyal group of friends.
The DailyMail.com report added that Suri plans to spend Christmas in New York with her mother and friends and was recently seen attending Holmes' Broadway play ‘Our Town’.
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First Published:6 Dec 2024, 06:43 AM IST
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