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Tom Cruise Approves of Suri’s Expensive Wardrobe

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$850 Ferragamo bags? $635 dresses? $27 Chanel lip gloss? All par for the course for 4-year-old Suri Cruise — and her famous daddy has no problem with it.

"Whatever she wants to wear, she wears it," Tom Cruise said of his daughter with Katie Holmes on Friday's Oprah Winfrey Show. "I'm not going to tell her different."

PHOTOS: Suri's super-lavish life

The actor, 47, told Oprah Winfrey that he even takes his own fashion cues from his mini fashionista: "She's got great taste too. She tells me what to wear."

"Life is very good," added Cruise. "I'm very happy. Kids are growing up, love my wife. I feel very lucky."

Related: PHOTOS: See how adorable Suri Cruise has grown up

The star also offered updates on the dating lives of son Connor, 15, and daughter Bella, 17, his kids with ex Nicole Kidman.

"Bella has a very strong sense of herself…She's a good girl, so whoever she likes, it's cool."

As for budding actor Connor's romantic prospects? "He's pretty smart so I just listen,…And I also tell him, you know, he's got plenty of time for that."

Related: PHOTOS: This summer's hottest movie romances

The A-lister told Winfrey that fatherhood remains his first priority. "Being a parent, every day, it's like 'How did I do? How am I doing?'"

His new film, Knight and Day, costarring Cameron Diaz, hits theaters June 25.

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