Katie Holmes Spent More Than $14 Million In Six Months.
Posted on 05. Jan, 2009 by CSS in $alaries, Cha-Ching$$, Entertainment
Katie Holmes is single-handedly propping up New York City’s economy, according to Page Six. Despite a dismal real estate market and poor retail sales, Katie’s been shopping her heart out. In fact from the way it’s described, it sounds like she doesn’t have any other hobbies. Except, perhaps, running from body thetans.
As well as regularly frequenting the city’s best restaurants, Holmes is often photographed with her daughter Suri carrying purchases from some of New York’s most expensive shops. The New York Post’s Page Six magazine estimates that, mainly due to her real estate purchases, she has spent more than $14 million (£9.6 million) since being in the city.
“While ordinary city dwellers are cutting back, Mrs Cruise has been valiantly doing her bit to boost our economy,” the magazine said. “We tally up a conservative estimate of her 24-week NYC spending spree, and crown her Manhattan’s Most Valued Shopper.” Holmes has reportedly spent a reported $13,987 (£9,600) on child care and taking Suri out over the last six months
According to the publication, she and Cruise have bought three new apartments in the building where he has owned his home since 1985. A spokesperson for Cruise has denied the purchases but real estate executive Barbara Corcoran claims they bought a trio of lofts last year. The magazine says a similar, three-bedroom home on the same street is on the market for $4.8 million, (£3.3 million) and calculates that the Cruises would have spent $14.4 million (£10 million) on their apartments as a result.
Meanwhile the couple is reported to have spent an additional $7,000 (£4,800) on installing gym equipment in their home. The publication also claims that Holmes, 30, and Cruise, 46, have spent an estimated $7,315 (£5,000) on dining out at top restaurants such as brasserie Balthazar, and sushi restaurant Nobu and more than $17,000 (£11,700) on clothes for Holmes and Suri from shops like Hermes and Bonpoint.
-From The Telegraph
