Suri Cruise, the 18-year-old daughter of actress Katie Holmes and actor Tom Cruise, recently gained access to a significant trust fund set up by her father. The funds became available following her 18th birthday on April 18, as part of the divorce agreement between her parents.
Tom Cruise’s Trust Fund Details
The trust fund was established during Tom Cruise and Katie Holmes’ divorce in 2012. A source revealed that the fund was designed to provide financial security for Suri without overwhelming her. While she can access part of the funds now, the remaining balance will only be available when she reaches her 30s.
Holmes has also created a separate trust fund for her daughter, ensuring additional financial stability. According to a source, “Katie is fiscally responsible and focused on providing Suri with a great quality of life.”
Tom Cruise’s Financial Contributions To Suri Cruise
Tom Cruise, reportedly worth over $600 million, has consistently met his financial obligations for Suri, including $33,000 monthly child support payments until she turned 18. Additionally, he has covered her health care, education, and extracurricular expenses.
Currently, Cruise is paying for Suri’s college tuition, estimated at $65,000 annually, as she begins her freshman year at Carnegie Mellon University in Pittsburgh, Pennsylvania. Suri is reportedly interested in dance and theater, reflecting her mother’s earlier comments about her artistic inclinations.
Suri has started carving her path in the entertainment industry. She contributed vocals to soundtracks for two of her mother’s films: Rare Objects (2023) and Alone Together (2022). Katie Holmes expressed her pride in her daughter, sharing that she admires Suri’s talent and independence.
Settling into college life, Suri has been described as intelligent and mature by those close to her. She has formed a loyal group of friends while maintaining a strong sense of her identity and heritage.
Suri plans to spend her upcoming Christmas break in New York City, where she will reunite with her mother and friends. She recently attended her mother’s Broadway play Our Town, showcasing her support for Holmes’ career.
With access to her trust fund and guidance from her mother, Suri Cruise has the means and support to shape a promising future. Her combination of financial security, talent, and grounded upbringing positions her well as she navigates adulthood.
