There’s no escaping the fact that Tom Cruise is one of the richest and highest-paid celebrities in the business, with an estimated net worth of a whopping $600 million. Yet, even though he has the finances to set his daughter with Katie Holmes, Suri, for life, he’s paying his child considerably less than expected.
According to documents obtained by TMZ at the time of their divorce settlement, Cruise was only ordered to pay $400,000 to his ex-wife for child support until Suri turned 18, amounting to $4.8 million. And while Cruise’s net worth in 2012 was only around $250 million, he’s obviously more than capable of shelling out more cash. Then again, aside from the $400,000 annual payout, he’s also responsible for paying for Suri’s education, medical expenses, insurance, and other necessities. Cruise and Holmes also reportedly arrived at a compromise regarding Suri’s education. They agreed not to enroll her in “residential school,” including Scientology, which was already a win for Holmes.
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Meanwhile, Holmes was granted full custody of Suri and did not receive any financial compensation from Cruise, as stipulated in their prenuptial agreement. But it was probably what she wanted, as a source divulged that the “Dawson’s Creek” alum felt trapped during their marriage. “Every move she made and everything she did was controlled,” they told Us Weekly, adding that Holmes’ priority was “protecting her daughter.” Holmes also “felt she had to get out to save her daughter” and wanted to be “in charge of how Suri is being raised.”
