Tue, 21-Oct-2025

Katie Holmes denies rumors of Suri Cruise’s inherited trust fund

Katie Holmes
  • Katie Holmes denied false claims about Suri’s trust fund.
  • She stressed the importance of protecting her daughter.
  • Holmes keeps Suri’s life private after her divorce from Tom Cruise.

Katie Holmes, 45, has fiercely defended her daughter, Suri Cruise, following a misleading report about the 18-year-old’s alleged inheritance.

Holmes took to social media on Sunday to denounce a headline from Daily Mail, which claimed, “Suri Cruise the millionaire! Tom Cruise’s trust fund has ‘kicked in’ and mom Katie Holmes has one for her too.” Holmes refuted the story, calling it “Completely false,” and captioned the post with “Enough.”

The post sparked a conversation in the comments section, where one user expressed a perspective on privilege, saying, “Gosh the hardships you guys face. Hey are you worried if you can pay your rent AND eat this month? No? Yea me either, I wish these were my problems.”

Despite acknowledging Holmes’ hard work and parenting, the commenter emphasized the global struggles many mothers face.

Holmes responded thoughtfully, writing, “I don’t disagree. But in the world today, I don’t want a target on my child’s back. It’s dangerous.”

She further emphasized her commitment to protecting Suri, whom she shares with ex-husband Tom Cruise. Holmes, who has always kept her daughter out of the public eye, continues to prioritize her safety and privacy.

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How Tom Cruise’s daughter became overnight millionaire? Find out

Tom Cruise's daughter
  • Suri Cruise, Tom Cruise’s daughter, reportedly became a millionaire.
  • The trust fund ensures Suri’s financial stability.
  • She began her studies at Carnegie Mellon University in Pittsburgh.

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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Tom Cruise remains estranged as Suri applies to schools

Tom Cruise
  • Tom Cruise has not seen his daughter in a very long time.
  • Holmes and Cruise welcomed Suri in April 2006.
  • He has been separated from Suri since 2013.

Suri Cruise, the child he shares with his ex-wife Katie Holmes, and Tom Cruise, remains distant.

According to a source who spoke directly to Page Six, the 60-year-old Mission: Impossible actor has not seen his daughter, 16, in a very long time and is no longer involved in her life.

Holmes and Cruise welcomed Suri in April 2006, but the former couple divorced in 2011 and the father-daughter pair ultimately grew estranged. One year after his divorce from Katie, the Top Gun: Maverick actor has been separated from Suri since 2013.

Suri, who turns 17 next month, “has sent some applications out” for colleges and is “leaning towards” pursuing fashion in New York City, according to a source close to Katie, 44, who spoke directly to DailyMail.

“Suri is submitting applications to numerous institutions. In order for them to be near one another, [Katie] genuinely wants her to remain in New York. The insider said that Katie is “overwhelmed” by the thought of her daughter leaving for college and that she takes great pleasure in her but is also very overly protective.

The Hollywood star acknowledged in court documents from his 2012 defamation case against Bauer Media that he had not seen Suri for three months after he and Holmes, now 44, split up, despite not having any involvement in the daughter’s milestone.

Cruise previously admitted that his affiliation with Scientology had been a key factor in the reason he was split from his child.

Because of the controversial church’s rules that prohibit members from associating with non-believers, Tom and Suri were once again blamed for remaining apart in 2016.

Tom allegedly couldn’t be friends with Holmes or Suri because they were both Scientologists. At the time, a source told the publication, “This is his loss, his problem. He must have been thoroughly indoctrinated.

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James Van Der Beek talks about how “Dawson’s Creek” “changed my life”

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Katie Holmes

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