Suri Cruise enjoys a stroll around New York City after estranged father Tom Cruise's trust fund 'kicked in'

By Daily Mail (U.S.) | Created at 2024-12-23 14:16:43 | Updated at 2024-12-23 18:39:28 4 hours ago
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By CAROLINA PIRAS FOR MAILONLINE

Published: 13:59 GMT, 23 December 2024 | Updated: 14:10 GMT, 23 December 2024

Suri Cruise looked relaxed and carefree while strolling around the cold streets of New York City.

The daughter of Katie Holmes and Tom Cruise, 18, sported a sage green padded jacket and baggy pocketed navy trousers.

She sported a pair of earphones while out and about and carried a green shopping bag.

Suri's outing comes after a source confirmed to DailyMail that Suri, who turned 18 in April, is now able to access the substantial trust fund set up by her famous father.

'It is part of the divorce agreement that Tom Cruise's trust fund be made available to daughter Suri when she turns 18, and it is indeed substantial,' an insider revealed, referencing Katie and Tom's split in 2012 after six years of marriage.

Suri has ditched her famous father's surname, but he reportedly pays her $65K/year tuition as well as medical, dental, and insurance expenses.

Suri Cruise, 18, looked relaxed and carefree while strolling around the cold streets of New York City on Sunday after inheriting her trust fund from father Tom Cruise 

The daughter of Katie Holmes and Tom Cruise didn't miss a refreshing coffee stop for her outing as she appeared to be running some errands

She sported a pair of earphones while out and about and carried a green shopping bag

Suri remains close with her mother, and last week surprised Katie backstage at the Barrymore Theatre in Midtown Manhattanby.

In an Instastory posted by the Dawson's Creek alum, theCarnegie Mellon University freshman belted out Happy Birthday while holding an old Robert Redford headshot emblazoned with 'Happy B-day Katie!'

Suri traveled all the way from Pittsburgh, PA to see Katie act in Our Town and give her a beautiful bouquet of purple roses.

Katie gushed of her gift to her 2.9M Instagram followers: 'I am so grateful for all of my blessings especially my daughter!'

She also said she felt 'so blessed' to indulge in homemade red velvet cake, French fries, and falafel prepared by her co-star Bobby Daye.

Our Town marks Katie's first professional acting gig since playing movie star Julia Cheever in Roundabout Theatre Company's off-Broadway play Wanderers, which ran from January 26, 2023–April 2, 2023 at the Laura Pels Theatre in Manhattan. 

Katie also previously starred in two prior Broadway productions for The Shubert Organization - Arthur Miller's All My Sons at the Gerald Schoenfeld Theatre in 2008-2009 and Theresa Rebeck's comedy Dead Accounts at the Music Box Theatre in 2012-2013.

The Ohio-born beauty is also penning several screenplays and signed on to star in Dito Montiel's thriller Captivated alongside Al Pacino, and she'll guest star in the second season of Peacock's murder mystery Poker Face lead by Natasha Lyonne.

Last week, Suri surprised her mum Katie (R) backstage at the Barrymore Theatre in Midtown Manhattanby serenading her with happy birthday alongside the cast and crew

Katie previously spoke of her close bond with Suri in her Town & Country cover story in August.

'I'm proud of my daughter. Of course, I will miss the close proximity, but I'm really proud of her and I'm happy,' she gushed.

'I remember being this age, this time of beginnings. It's exciting to learn about yourself, and I loved that time, so it makes me happy to think about it like that.'

Katie - who received no spousal support from ex-husband Tom - went on to date Tom's Collateral co-star Jamie Foxx from 2013-2019, and he declared he'll date 'no more white girls' in his December 10th Netflix special.

Katie has been single since ending her eight-month romance with bass player Bobby Wooten III in 2022.

Suri has ditched her famous father Tom Cruise's surname, but he reportedly pays her $65K/year tuition as well as medical, dental, and insurance expenses despite not being pictured with her since his six-year marriage to Katie ended in 2012 (pictured) 

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