Katie Holmes gets to cash in on her marriage by keeping millions of dollars in jewelry and gifts given to her by her ex-husband Tom Cruise, says a source.
Following reports of a stingy payout from Cruise, RadarOnline’s source claims that “Tom was extremely generous to Katie with lavish gifts during their marriage and she will be keeping millions of dollars of jewelry, Hermes handbags and other luxurious items.”
“Tom gave Katie diamond earrings as a birthday gift one year that easily cost over $500k and he had custom design pieces made for her,” says the source. “Under terms of the divorce, Katie is keeping all of the jewelry, handbags, accessories, and designer clothing.”
The source continues that for the time being, the jewels are being kept in a safe place and will likely be given to their daughter Suri once she is old enough.
The “Dawson’s Creek” actress was reportedly uninterested in Cruise’s millions, wanting to settle her divorce quickly. “Suri has always been Katie’s number one priority and concern. During the divorce settlement talks Katie just wanted to make sure that she and her daughter would be taken care of from a financial standpoint,” the source added.
The “Mission Impossible” actor is allegedly paying Holmes $400,000 a year in child support for the next 12 years, or until Suri turns 18.
The total payout works out to $4.8 million, which is less than what Cruise makes in a single film.