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Katie Holmes Slams Rumors of Suri Cruise's Millionaire Status

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Katie Holmes has denied rumors that her daughter Suri has become a millionaire due to a trust fund established by Tom Cruise. In an Instagram post, Holmes expressed her frustration with the media's portrayal of her daughter's financial status.


Katie Holmes Denies Rumors About Daughter Suri's Wealth

Katie Holmes has publicly refuted claims that her daughter, Suri Cruise, has become a millionaire following the activation of a trust fund on her 18th birthday. The rumors, first reported by the British tabloid Daily Mail on December 5, suggested that Suri would benefit from a considerable trust fund established by her father, Tom Cruise, as part of their divorce settlement in 2012. In an Instagram post dated December 8, Holmes expressed her frustration, stating, "This is completely false. Daily Mail, you can stop making things up." The post garnered significant support, with over 35,800 likes, as followers praised Holmes for defending her daughter.

Background on Suri's Trust Fund and Child Support

The Daily Mail's report also claimed that Tom Cruise had been paying $400,000 annually in child support until Suri turned 18, in addition to covering her tuition fees at Carnegie Mellon University, reportedly around $65,000 per year. While the actress did not elaborate on the specifics of the trust fund rumors, she has consistently emphasized her desire to protect Suri from media scrutiny. In a previous interview, Holmes expressed gratitude for being Suri's mother and highlighted the importance of shielding her from the invasive nature of the press.

The Ongoing Challenge of Celebrity Parenting

Holmes' response to the rumors is not an isolated incident; many celebrities have voiced their concerns over the media's treatment of their children. Notable figures like Jennifer Garner and Halle Berry have advocated for legal protections against paparazzi harassment. The challenges of raising children in the public eye continue to be a pressing issue, with many parents striving to maintain a semblance of normalcy for their families amidst relentless media attention. Holmes' commitment to her daughter's privacy reflects a broader trend among celebrities seeking to safeguard their children's well-being in an increasingly invasive media landscape.

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Refs: | EL PAÍS | Le Figaro |

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