Tag: TomKat

Tom Cruise Divorce Settlement Details: About $5 Million in Child Support and More

The TomKat era might have officially ended on Aug. 20, but details have just surfaced about their quickie settlement. Consistent with the prenup Katie Holmes signed, she receives no spousal support from Tom Cruise's estimated $250 million fortune, reported TMZ. However, Cruise must pay Holmes $400,000 a year in child support, or just over $33,333.33 a month, through electronic transfer. Cruise has to pay child support until Suri turns 18 (12 years from now), meaning a total of $4.8 million in child support, according to the site.
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