Fine without Tom

Suri cruises to millions in TomKat divorce-report while Katie gets ready to showcase line at NY Fashion Week

By (Reuters, IANS)

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Published: Sun 26 Aug 2012, 10:59 AM

Last updated: Thu 2 Apr 2015, 10:07 PM

KATIE HOLMES WALKED away without a payment or alimony in her divorce with Tom Cruise, but the couple’s six-year-old daughter, Suri, stands to receive $400,000 annually in child support until she turns 18, celebrity website reported on Friday.

Citing sources familiar with court documents filed by the former couple, whose divorce was finalised earlier this week, TMZ said the TomKat pre-nuptial agreement blocked Holmes from receiving any portion of the 50-year-old actor’s $250 million fortune.

But Cruise will make child-support payments over the next 12 years that add up to $4.8 million, or $33,333.33 a month. TMZ also reported that Cruise must pay Suri’s medical, education and extracurricular expenses.

Cruise’s attorney declined to comment on the report, and a lawyer for Holmes did not respond to a request for confirmation.

Holmes, 33, surprised Cruise in late June when she filed for divorce from the Mission: Impossible star after a nearly six-year marriage. Cruise was in Iceland shooting a movie at the time.

The divorce, which took less than two weeks to settle, captivated the world and prompted questions about whether Suri will be raised in the Church of Scientology, with which her father has long been closely associated.

Meanwhile, Holmes is set to present her clothing line Holmes & Yang at the New York Fashion Week. The 33-year-old will present her show at the Lincoln Center on September 9, reports

“This is a big deal for Katie to show in the tents, under the full attention of the fashion editors and the glare of the media scrutiny,” quoted a source as saying.

Holmes founded Holmes & Yang with design partner Jeanne Yang in 2009.

“They could have done a small show elsewhere, so this proves she and Jeanne are very serious about their business,” added the source.

The ready-to-wear line is stocked in exclusive boutiques including Barneys in New York and Harvey Nichols in London.

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