Suri Cruise, Tom Cruise’s daughter, reportedly became a rich teenager in no time thanks to her father.
The megastar has formed a trust fund, which was set to kick in after his daughter turned eighteen.
According to Daily Mail, Katie Holmes’s daughter reached the age of 18 last April, which led to the opening of the fund and flushing her with cash.
“It is part of the divorce deal that a trust fund provided by Tom Cruise be shared with daughter Suri Cruise when she turns 18, and it is substantial,” an insider told the outlet.
They continued, “She was allowed to access it when she turned 18 in April. The rest of the money will become available to her once she enters her 30s.”
“The trust fund was carefully constructed so that she does not get all the money at once and becomes overwhelmed.”
Along with Tom, Katie also created a trust fund for her child. “Katie is fiscally minded and is looking out for her daughter, of course.”
“She wants her to be well provided for and have a great quality of life,” the source concluded.