How Much Money Does Katie Holmes Get From Divorce Settlement?Written by Planet Fashion TV 26 August 2012
Tom Cruise has completed a real “Mission: Impossible” he doesn’t have to pay Katie Holmes any spousal support.
The Hollywood actor’s $250 million bank account is still mostly intact in the wake of his and Holmes’ divorce settlement, which was officially finalized by a judge on Wednesday, less than two months after she filed. All the actress wanted in the split was custody of their daughter Suri, and it seems that’s all she got. A source familiar with the details of the documents filed in court tells TMZ that Holmes, 33, will receive no spousal support from her ex, per their prenuptial agreement.
But Cruise, 50, will have to pay for the care of 6-year-old Suri, even though Holmes was granted sole custody, with him getting “meaningful” visitation, until she turns 18 in May 2024. According to the agreement, the “Rock of Ages” star will pay Holmes $400,000 a year in child support, which will cover her medical/dental care, insurance, education (including college), and extracurricular activities, and will be shelled out on a monthly basis via electronic transfer of $33,333. Over the next 12 years, Cruise will pay a total of $4.8 million for Suri. (The actor's attorney declined to comment to Reuters on the report, and a lawyer for Holmes did not respond.)
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