EntertainmentKatie Holmes denies Suri's multimillion trust fund rumours

Katie Holmes denies Suri's multimillion trust fund rumours

Katie Holmes commented on reports of an alleged multi-million-pound trust fund for her daughter, Suri Cruise, who was supposedly set to receive the money after her 18th birthday.

Katie Holmes on the alleged fund for her daughter
Katie Holmes on the alleged fund for her daughter
Images source: © Getty Images | James Devaney
Magdalena Drozdek

Suri is the youngest of three children of Tom Cruise. The "Mission: Impossible" star is also the father of 31-year-old Isabella Kidman Cruise and 29-year-old Connor Cruise – children from his previous marriage to Nicole Kidman. Cruise's family relationships have intrigued the media for years, yet neither side publicly comments on these matters. There are occasional exceptions, however. When rumours about the trust fund that Suri Cruise was to receive after turning 18 appeared in the media, her famous mother had to respond.

Suri, the trust fund, and millions

Katie Holmes was not going to let rumours about the financial situation of her and her daughter Suri, whom she shares with her ex-husband Tom Cruise, spread without a response. A few days later, on 5th December, the media reported that 18-year-old Suri had become a "millionaire" thanks to an alleged trust fund from her father, which was said to "activate" upon reaching adulthood, the actress decided to speak up.

"Complete false," wrote Katie on Instagram on 8th December, sharing a screenshot of a "Daily Mail" article. In the caption, she added: "Enough" and emphasised that the British tabloid should stop making things up.

The mentioned article talks about how on 18th April this year, when Suri celebrated her 18th birthday, a special fund established for her by her father was activated. The creation of such a fund was supposed to be one of the conditions of Cruise and Holmes' divorce. The article claimed that insiders said Suri could only use a portion of the money - the remaining sum would be accessible to her after turning 30. Katie Holmes was also said to have set up a second fund for her daughter. However, she directly calls these stories nonsense.

The star of the series "Dawson's Creek" has been protecting Suri's privacy since her divorce from Tom Cruise in 2012, keeping her away from media attention. In recent years, however, she has begun to speak a little about their life together.

Let's remember that Katie Holmes became involved with Tom Cruise around 2005. In June of that year, they got engaged at the top of the Eiffel Tower. On the anniversary of their first date - 18th April - Suri was born. A few months later, the stars married during a Scientology ceremony in Italy. By 2007, rumours about marital problems had begun to circulate. Holmes filed for divorce in 2012, citing "irreconcilable differences".

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