Pakistan Today

Katie Holmes get $ 15 million and a house in divorce settlement

Tom Cruise’s marriage to Katie Holmes is officially over, just a month and a half after the couple separated.According to a leading website, a New York judge signed off on the final judgement yesterday. Holmes lodged the legal papers to end her five-year marriage in June, despite the couple’s prior portrayal of themselves as the perfect Hollywood family. The 33-year-old cited ‘irreconciliable differences’ for the split and requested sole legal custody and primary residential custody of the couple’s six-year-old daughter, Suri. The two released a joint statement last month, saying, “We are committed to working together as parents to accomplish what is in our daughter Suri’s best interests.We want to keep matters affecting our family private and express our respect for each other’s commitment to our beliefs.” It is not known how the couple’s fortune, believed to be worth around $275 million, was divided. The terms of the prenup were understood to be clear — for each year the couple were married, Holmes collected $3million – to a maximum of $33 million after 11 years, as well as a substantial amount of property. If their marriage had lasted more than 11 years, Holmes would have received half of Cruises’ $250 million fortune. After filing for divorce less than six years later, according to the agreement, Katie should only be entitled to $15 million, plus a home for her and Suri. While her own career is substantial, it is dwarfed by A-lister Cruise’s huge success at the box office.

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