Will Tom Cruise’s Divorce Be The Most Epensive Hollywood Divorce Ever?
Tom Cruise just played a legendary musician in the Rock Of Ages, but he could have something in common with another legendary musician, Neil Diamond. Diamond famously had the most expensive divorce in the history of Hollywood. Estimates say he paid nearly $150 million in the mid-90s when he and his second wife, Marcia Murphey called it quits.
Is there a chance that the Katie Holmes and Tom Cruise split could cost that much?
The couple does have a prenup which probably lays out in very clear detail exactly what Holmes gets from Cruise in the event of a divorce, based on length of marriage, reason for the split, etc., the matter of child support could still be left open to a judge’s discretion.
Cruise made $75 million over the last 12 months, which landed him at the top of Forbes’ latest list of highest-paid actors in Hollywood.
“This was a huge year for Tom Cruise,” Dorothy Pomerantz, Forbes’ L.A. bureau chief, told E! News. She added that Cruise conceivably could have taken in roughly $200 million over the last five years. Its rumored that Cruise is worth north of $275 million.
“He makes super-smart deals on these movies and they continue to pay off,” Pomerantz said. “And when we look at his earnings, we see that he still earns from older films too. When a Tom Cruise movie is on TV and they are played endlessly, he gets money from that. He just has this really great stream of revenue.”
On the flip side, Forbes estimates that Holmes earned roughly $5 million last year. Certainly nothing to scoff at, but it is no where near the level of Cruise.
The former Dawson’s Creek star Holmes filed for divorce in New York, where the law dictates that the assets accumulated during the course of a marriage be divided via equitable distribution.
Cruise is expected to counter file in California, where the law is about community properly, meaning both spouses jointly own everything accumulated during the marriage and whatever gets labeled community property at the time of their divorce is divided up 50-50.
In addition to dividing the cash the couple also own a 10,286-square-foot Beverly Hills estate they payed 30.5 million for back in 2007, and a Manhattan brownstone the purchased for more than $15 million in April 2009, that they will have to split.