The 33-year-old, who raises six-year-old Suri with Cruise, filed papers in New York yesterday citing "irreconcilable differences", ending their five-year-old marriage.
Holmes is also asking for a division of property in the divorce documents, although there is said to be a pre-nuptial agreement.
The terms of the pre-nup apparently state that for each year the couple stay married, the "Dawson's Creek" actress collects USD 3million - to a maximum of USD 33 million after 11 years - as well as their palatial home in California.
If their marriage had lasted more than 11 years, Holmes would have received half of Cruises's reportedly USD 250 million fortune.
But since she has filed for divorce in less than six years, Holmes should only be entitled to USD 15 million as well as the couple's USD 35 million Beverly Hills Mansion.
The couple are worth around USD 275 million - much of that owing to Cruise's box office success.
The 'Mission Impossible' star married Holmes in November 2006 after a year of dating in a lavish ceremony held at an Italian castle.
Cruise learned that Holmes had initiated divorced proceedings in New York while he was working on 'Oblivion' in Iceland.
