Actor Katie Holmes dismissed a report that her 18-year-old daughter Suri Cruise is now a millionaire after a trust fund from her estranged father Tom Cruise kicked in.

The Daily Mail recently cited a source saying Suri Cruise gained access to the alleged trust fund on her 18th birthday on April 18. The report also said she has an additional trust fund from her mother. Holmes disputed the report.

“Completely false. Daily Mail you can stop making stuff up,” she wrote on Instagram over a screenshot of the article.

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