Holmes and Cruise reach a divorce settlement. Cruise main condition was that he wanted to retain contact with Suri. Although the full financials details of their divorce are never publicly disclosed, Holmes reportedly collects about $400,000 annually from Cruise in child support for their Suri. The payments will continue until Suri turns 18 and ultimately amount to $4.8 million. Holmes does not receive any direct spousal support, per their prenuptual agreement. Holmes is granted sole custody of Suri.
This case has been settled and the agreement has been signed. We are thrilled for Katie and her family and are excited to watch as she embarks on the next chapter of her life.