Suri Cruise, the 18-year-old daughter of Tom Cruise and Katie Holmes, has reportedly become a millionaire after gaining access to a trust fund set up by her father. The fund, part of her parents’ divorce agreement, provides an initial sum now, with the rest becoming available when she turns 30.
According to a Daily Mail source, “It is part of the divorce deal that a trust fund provided by Tom Cruise be shared with daughter Suri Cruise when she turns 18, and it is substantial.”
The trust fund ensures Suri’s financial stability as she begins her studies at Carnegie Mellon University in Pittsburgh. The source continued, “She was allowed to access it when she turned 18 in April. The rest of the money will become available to her once she enters her 30s. The trust fund was carefully structured so she doesn’t get overwhelmed by all the money at once.”
Although Suri’s interactions with her father have been limited since his separation from Holmes, Cruise has continued to support her financially. Holmes has also set up a separate fund for Suri’s future.
With these financial arrangements in place, the lifestyle of Tom Cruise’s daughter has remained unchanged despite the cessation of her father’s monthly payments when she turned 18.
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