In Life & Style now: At home with the Cruises

They jet around the world on a moment's notice, wear only the hottest designer labels and call A-listers like Will Smith and Jennifer Lopez their pals. But believe it or not, one of Hollywood's wealthiest families Tom Cruise, Katie Holmes and 23-month-old daughter Suri lives in an apartment. They plunked down $35 million for their dream home in 2007, and Tom and Katie have spent the past eight months making an extra $15 million in renovations! And there's no doubt which room is already Katie's favorite: her 1,500-square-foot walk-in closet. Says a friend of Katie's, "That closet is her pride and joy." But despite their lavish surroundings, when Tom and Katie aren't traveling for work, the couple's home life is surprisingly down-to-earth, the insider insists. After waking the kids and fixing them breakfast, Tom and Katie see Isabella and Connor off to classes with a tutor before Tom heads to his office. When Daddy's at work, Suri and Katie often have friends over for playdates. Many of ... (link)