Sunday, January 6, 2008

Tom Cruise in danger of squandering his fortune

Tom Cruise'Top Gun' actor Tom Cruise is reportedly in danger of going broke he does not control his wild spending, it has been claimed.

The actor - who is estimated to be worth around $250 million - enjoys spending his money to such an extent, sources close to the actor fear he could squander it all.

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

Tom and wife Katie Holmes have 1-year-old daughter, Suri, and Cruise, 45, also has two adopted children, Connor, 12, and 14-year-old Isabella with his ex-wife Nicole Kidman, who stand to inherit his fortune.

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

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