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Katie Holmes Gets Almost Nothing In Divorce

Posted by Media Outrage on August 24th, 2012

Well not nothing but compared to some other celebrity divorces, Tom Cruise made out like a bandit!

Peep the financial breakdown

Via TMZ

Katie Holmes walked away with nothing other than rather modest child support in her divorce from Tom Cruise … and we at TMZ have the breakdown.

Sources familiar with documents filed with the court tell TMZ … Katie got no lump sum payout, which is consistent with the prenup which essentially shuts her out of Tom’s $250 million fortune.

As for spousal support …. Katie got zip.

Katie will get money for child support, but it’s way less than a judge could have ordered. According to the settlement, Tom must pay Katie $400,000 a year in child support. That comes to $33,333.33 a month. The money will be paid by electronic transfer.

Tom must pay Suri’s support for the next 12 years — until she turns 18. All tolled, that comes to $4.8 million.

Tom must also pay Suri’s expenses, including medical, dental, insurance, education, college and extracurricular costs.

And … both Tom and Katie agree that Suri will NOT attend a “residential school” from now through her high school years. Translation — she can’t be shipped off to boarding school — Scientology or otherwise.

Katie could have gotten more child support under New York law if the case went to trial, but both she and Tom decided to settle quickly.

Mediaoutrage- Wow, no spousal support at all! That’s a f!ckin’ first!

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4 Responses to “Katie Holmes Gets Almost Nothing In Divorce”

  1. Chynaman Says:

    Katie Holmes Gets Almost Nothing In Divorce

    Ironically thats the same thing she got in the marriage…

    [Reply]

  2. AllisWell5 Says:

    Tom Cruise is worth a ¼ billion dollars?!

    My question is: How can Nas pay more child support to Kelis than Tom pays to Katie??

    [Reply]

    Media Outrage Reply:

    Good ass question!

    [Reply]

  3. Cut Up Says:

    Damn good ques indeed! It is crazy how the system works….or operate rather. I guess it all depends on your legal team. When Tom is worth so much he can put up a bigger fight. And, Katie and Kelis are two different people, Katie probably wanted to be done with it quickly while Kelis knows there is no future in bringing all the boys to the yard so she needs the cake!

    [Reply]

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