Katie Holmes denies report her and Tom Cruise’s daughter Suri inherited trust fund after turning 18

Katie Holmes has stepped in to dispel media reports alleging her daughter had become a 'millionaire'. Photo / Getty Images, Paramount Pictures

Katie Holmes has hit back at reports claiming her and Tom Cruise’s daughter, Suri, had gained access to a wealth of money after she became a legal adult earlier this year.

British newspaper Daily Mail reported on December 6 that Suri, who now prefers to go by “Suri Noelle” rather than Cruise, had become a “millionaire” after a trust fund set up by her A-list father “kicked in” following her 18th birthday.

Sources in the original article alleged Suri had gained access to a “carefully constructed” trust fund with a “substantial” amount of money inside. It was reportedly designed so she could access part of it now and the rest in her 30s.

Holmes, 45, openly questioned the validity of the media reports, singling out the publication in an Instagram post on December 9 to clear the air.

“Completely false,” Holmes wrote in text overlaid on a screenshot of the article. “Daily mail you can stop making stuff up.”

Holmes signed off her post with a one-word caption: “Enough”.

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The Dawson’s Creek actress’ vehement denial of the claims had fans rushing to support her in the comments.

“I’m so sorry, your daughter should be off limits,” replied one follower.

“You go girl for calling them out!!!” wrote another person.

“Wow you never ever speak out. Like EVER. Especially about this topic with your daughter and ex. This is amazing!!!” commented a third person.

Cruise has been largely estranged from his teen daughter for most of her life, allegedly because neither Holmes nor Suri are Scientologists. The church forbids members from associating with non-believers, meaning Cruise cannot have a relationship with either of them.

Katie Holmes, Tom Cruise and Suri Cruise pictured in 2011. Photo / Getty Images

Holmes divorced Cruise in 2012, with Cruise admitting to German TV network ProSieben that he “didn’t expect” their split to happen.

“Life is a tragicomedy. You need to have a sense of humour. I had an unbelievable amount of time to think about it. Life is a challenge,” the Top Gun star said.

Holmes was awarded full custody of Suri following their divorce, and Cruise was ordered to pay US$400,000 ($685,700) in child support until Suri turned 18.

A source told the Daily Mail earlier this year that Cruise’s relationship with his daughter has regressed to the point that “she would not answer” if he tried to call.

“He does not exist to Katie or Suri, and his daughter does not want to rely on him for anything,” the insider alleged.