HomeEntertainmentKatie Holmes is BROKE & going through a FINANCIAL CRISIS after Breaking up with Jamie Foxx & Tom Cruise

Katie Holmes is BROKE & going through a FINANCIAL CRISIS after Breaking up with Jamie Foxx & Tom Cruise

The American actress, director, and producer Katie Holmes is in recent headlines as there are many rumors prevailing about her. As per these rumors, Katie was finally broke and is desperate for money. These speculations are quite hard to be accepted, and that’s why we will try to figure out some of the details. In this article, we will see that what made netizens believe that Katie is running out of money?? Further, we will see that are these rumors really true??

How can one believe that Katie Holmes is out of money??

As some people might know that Katie sold her Los Angeles house for $6 million. Some reports stated that she sold her lavishing mansion so that she can get some cash. As soon as people got this news that she sold her mansion, they started assuming that she is probably facing some financial crisis.

It’s not that she only sold her Los Angeles house, rather than she even sold her house for $4 million, which is situated in Calabasas, California. This makes people firmly believe that she surely needs money. People are assuming that due to the prevailing pandemic conditions, the actress is short of money, and she’s not financially stable. It may be possible that her projects are delayed or canceled, and as she doesn’t have any other source of income, so she’s selling her mansions.

Katie Holmes is Financially BROKE & Struggling for MONEY!!! after ...

Is she really facing a monetary crisis??

If we focus on a close source that is close to Katie, she has shifted to New York, and that’s why she sold her mansions. As she is the former wife of Tom Cruise, she receives $400,00 yearly, which may be child support money for her daughter Suri Cruise. One magazine stated that she is living in a luxurious life, which is beyond her means.

To get to know the real truth of all these rumors, some reporters contacted Katie Holmes camp. Her representatives denied all these rumors and assumptions. Katie’s representative stated that the actress is not using that house anymore, and that’s why she sold the house. Katie herself is not saying anything about all these fake news, and hence it makes us believe that probably all these rumors are fake.