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Katie Holmes Files for Divorce from Tom Cruise, May Receive Little Money from Settlement

By Sheryl Rentz on July 6, 2012

In a surprise move that left mega movie star Tom Cruise “blindsided and devastated,” Katie Holmes filed for divorce from her husband of five years. According to an MTV.com report, Holmes noted in the divorce filing that her relationship with Cruise had been “irretrievably” broken for more than six months, and the actress is looking to keep divorce proceedings in New York where she and Cruise had been living for the last two years. Holmes has already hired a divorce attorney and may be gearing up for a custody battle over the couple’s six-year-old daughter Suri, though her attorney states her client’s only action currently is for divorce.

The question major news outlets have now been asking is how much Holmes seeks to gain from the divorce. Several media outlets reported that the famous couple had a prenuptial agreement that entitles Holmes to $3 million for every year of marriage; however, reports indicate that this is false and the prenup signed in 2006 essentially cuts her out of a majority of Cruise’s fortune. Holmes has the option of challenging the prenuptial agreement, which can be common when a divorcing couple is in conflict, but sources close to the actress say she’s not about the money as she makes “plenty on her own” and loves to work. Read the rest »