Suri, who dropped her famous father’s surname Cruise, is now custodian to millions as a part of a trust fund that kicked in soon after her 18th birthday in April 2024. The multi-million dollar divorce settlement between Tom Cruise and Suri’s mother, Katie Holmes, in 2012, allowed access to their daughter a partial sum of the fund when she reaches 18, which the NY state legally considers age of majority. The full custody of the funds will be available to Suri when she is 30.
Besides the trust fund money from the settlement, she will also receive a significant amount from a separate trust fund in her name set up by actress mom Katie. Reportedly the net worth of 62-year-old Tom Cruise is about $600 million, while his former wife 45-year-old Katie Holmes has a net worth of $25 million. However, the net worth of their daughter has never been ascertained.
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Suri, a student of Carnegie Mellon University has her tuition fee taken care of by her multi-millionaire dad. Her college fee is around $65,000. Per sources, cited in media reports, the Mission Impossible star takes care of her expenses as a part of a childcare deal to pay $400,000 yearly until she turns 18.
Suri has meanwhile adopted her mother’s middle name, Noelle. Suri’s mom Katie and dad Tom were married from 2006 till 2012. Allegedly they separated due to a rift owing to Cruise’s Scientology affiliation. Per reports, Katie wanted to protect Suri from the cult. As reported by Page Six, Leah Remini, who left Scientology, believed that Tom Cruise, who now largely lives in the UK, wanted to indoctrinate Suri into the cult when she was adult enough.
Suri Cruise becomes millionaire as estranged dad Tom Cruise’s trust fund ‘kicks in’ https://t.co/X9nzGC4NsD pic.twitter.com/DilyVoakMk
— Mirror Celeb (@MirrorCeleb) December 5, 2024
Tom Cruise still has ‘no part’ in 16-year-old daughter Suri’s life https://t.co/j1aClogrmq pic.twitter.com/8ZSloCxLFO
— New York Post (@nypost) March 22, 2023
Suri Cruise celebrates high school graduation with mom Katie Holmes, drops dad Tom’s last name at ceremony https://t.co/kS9pOQ1OvD pic.twitter.com/dPd5yBbszb
— Page Six (@PageSix) June 22, 2024
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