Thursday, January 3, 2008

Tom Cruise in danger of going broke

Tom CruiseTom Cruise is reportedly in danger of going broke if he doesn't control his wild spending, it has been claimed.

The Hollywood A-lister - who's believed to be worth around Pounds $250 million - enjoys spending his money to such an extent, sources close to the actor fear he could squander it all.

He's extra flash with the cash when he takes actress wife Katie Holmes out to expensive restaurants, according to US reports.

"Tom is really into money. He has no problem spending it. It makes him feel powerful," said the source.

"He loves to brag about his Porsches, his homes, his planes and his motorcycles.

"When Tom takes Katie out, he has his security people hand $100 bills to anyone who helps them, even someone who opens a door! He's a big giver."

Those standing to inherit the fortune are Tom and Katie's one-year-old daughter, Suri, and his two adopted children - Connor, 12, and 14-year-old  Isabella - with his ex-wife Nicole Kidman.

As well as funding his lavish lifestyle of expensive meals and shopping sprees for Katie and Suri, Cruise, 45, also spends a vast amount of money running his four private planes - last year, spending $1m on fuel alone.

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