Katie Holmes - Katie Holmes To Get $400k Per Year From Tom Cruise

Subscribe to Katie Holmes alerts

The Katie Holmes and Tom Holmes divorce was concluded on Monday (August 20, 2012) after a New York judge signed off the final papers, ending the couple's five year marriage. Holmes, 33, had filed for divorce from Cruise, 55, in June, citing "irreconcilable differences" for the separation.
The couple entered negotiations almost immediately after the announcement, the details of which have now been revealed by Tmz.com. According to the entertainment website, Cruise will pay Holmes $400,000 per year in child support, while the actor will also pay for Suri's expenses, including medical treatment, insurance, education and any extracurricular costs she may require until her 18th birthday. Additionally, both parties have agreed that Suri will not attend a "residential [boarding] school", curtailing Holmes' reported fears that Scientology would play a key role in her daughter's upbringing. A source close to Cruise said he seemed pretty satisfied with the deal, telling E! News, "Tom is very happy and relieved that he is moving forward.His priority is being a good father and this settlement will make sure that continues."
The couple began dating in April 2005, with Cruise making a memorable appearance on the Oprah Winfrey show a month later, leaping up on the sofa to express his affection for the actress. They were married just over a year later, during a lavish ceremony in Italy.


Tags: Katie Holmes - Oprah Winfrey

Subscribe to Katie Holmes alerts

More Katie Holmes

Katie Holmes Understated But Glamorous At Valentino Sala Bianca 945 Launch - Part 4

Creative people and entrepreneurs of all arts came together at the launch of Valentino's Sala Bianca 945 fashion collection in New York. Among them were...

Katie Holmes Admits Daughter Suri Cruise's "Very Specific" Christmas List Is Making Her "Panic"

It seems Christmas time is going to be very busy in the Katie Holmes household as she has to prepare for what her 8-year-old daughter...

Katie Holmes Poses At The New York Première For 'Miss Meadows'

The New York Premiere for 'Miss Meadows' saw a host of stars arriving at the theatre, including the star, Katie Holmes, who is also known...

Katie Holmes Dresses Down As She Arrives Outside 'Letterman'

Katie Holmes looked super casual with her hair in loose waves, and a leather jacket over a snug, turtleneck sweater teamed with simple blue jeans...


Katie Holmes Opens Up About Tom Cruise Divorce, "I Don't Want That Moment In My Life To Define Me”

It’s hard to believe that just over two years ago Katie Holmes was one half of the world’s most famous couple, TomKat. But since the...

Miss Meadows Trailer

Ever had one of those teachers that simply will not tolerate bad behaviour? Well, elementary school teacher, Miss Meadows (Katie Holmes) is one of those...

Katie Holmes Will Portray Jackie Kennedy For The Second Time In New 'The Kennedys' Miniseries

Katie Holmes will have the honour of portraying a former First Lady for the second time in her acting career, the 35 year-old actress will...

A Week In Movies: Lively Premieres In London, L.A. And San Sebastian, Plus Trailers For Films With Kristen Stewart, Katie Holmes, Jeremy Irvine And Catherine Tate

At the premiere of the new British comedy What We Did on Our Holiday in London this week, David Tennant strolled the red carpet in...



Katie Holmes Newsletter

Subscribe to this news alert service to receive news and reviews on Katie Holmes

Unsubscribe | Unsubscribe All