Tom Cruise’s daughter Suri Cruise reportedly became a rich teenager in no time thanks to her father.
The megastar has created a trust fund, which was to be started after his daughter turns 18.
According to The Daily MailKatie Holmes’ daughter turned 18 last April, prompting the fund to be opened and flushed with cash.
“It’s part of the divorce settlement that a trust fund provided by Tom Cruise is to be shared with daughter Suri Cruise when she turns 18, and that’s enough,” an insider told the outlet.
He continued, “She was allowed to access it when she turned 18 in April. The rest of the money will become available to her as she enters her 30s.”
“The trust fund was carefully constructed so that it would not receive all the money at once and become overwhelmed.”
With Tom, Katie also created a trust fund for their child. “Katie is financially minded and definitely looking out for her daughter.”
“She wants him to be well provided for and have the best quality of life,” the source concluded.