Let’s dive into the dazzling world of Lisa Marie Presley’s net worth.
As a writer, I’ve had the privilege of peeking behind the glamorous curtain of the rich and famous.
With the spotlight now on the heiress of the King of Rock ‘n’ Roll, it’s time to reveal the numbers, dissect her wealth, and answer some burning questions about her financial empire and personal life.
How Much is Lisa Marie Presley Worth Right Now?
According to different sources, Lisa Marie Presley’s net worth in 2023 varies from -$10 million to $330 million.
Lisa Marie Presley is an American singer and songwriter who is Elvis Presley’s and Priscilla Presley’s only child.
She inherited her father’s estate when she turned 25 years old in 1993, which was worth close to or more than $120 million at the time.
However, she sold an 85% stake in Elvis Presley Enterprises to CKX, the same company that owned American Idol, in 2005, but the business venture failed.
She also faced legal battles with her former business manager and ex-husband Michael Lockwood over financial issues.
How Much Money Did Lisa Marie Presley Have When She Died?
According to various sources, Lisa Marie Presley had a negative net worth of about $16 million when she died on Jan. 12, 2023.
She inherited an estimated $100 million fortune from her father, Elvis Presley, in 1993, but she lost most of it due to bad business deals and a lavish lifestyle.
She also owed the IRS more than $1 million in taxes at the time of her death
Who Owns Graceland Now That Lisa Died?
Graceland is now owned by Riley Keough, the eldest daughter of Lisa Marie Presley.
She was named as the sole trustee of her mother’s estate, which includes the property in Memphis, Tennessee, once owned by Elvis Presley.
She inherited Graceland after Lisa Marie’s death in January 2023, along with her half-sisters Harper and Finley Lockwood.
The ruling was approved by a Los Angeles judge in August 2023, after a legal dispute with Priscilla Presley, Lisa Marie’s mother.
Graceland is a major tourist destination and attracts more than 500,000 visitors each year
Who Owns Elvis Music Rights?
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The rights to Elvis Presley’s music were owned by Universal Music and his daughter, Lisa Marie Presley.
Lisa Marie Presley owned 15% of those rights, while Universal Music owned 85%.
However, the rights to all Elvis Presley recordings before 1973 are owned by RCA Records (owned by Sony Entertainment).
Elvis Presley was one of the most influential and best-selling singers of all time, but his estate and assets were not very well managed after he died in 1977.
His ex-wife, Priscilla Presley, helped to revive his legacy and turn his home, Graceland, into a tourist attraction.
Lisa Marie Presley inherited the estate when she turned 25, but she sold most of her stake in 2004 to a billionaire investor.
She still retains 100% sole personal ownership of Graceland Mansion itself and her father’s personal effects
Lisa Marie Presley’s Children
Lisa Marie Presley was the only daughter of Elvis Presley and Priscilla Presley.
She had four children from two marriages: daughters Riley, Harper, and Finley, and son Benjamin.
She also became a grandmother via her daughter Riley, who welcomed a daughter of her own.
Sadly, Lisa Marie passed away on Jan. 12, 2023, at the age of 54.
Her son Benjamin died by suicide in 2020.
Lisa Marie was laid to rest at Graceland next to her son.
Her three daughters will inherit Graceland, a spokesman for the estate confirmed.
Lisa Marie was a singer and songwriter like her father.
She released three albums:
- To Whom It May Concern (2003)
- Now What (2005)
- Storm & Grace (2012).
She also married four times: to Danny Keough (1988-1994), Michael Jackson (1994-1996), Nicolas Cage (2002-2004), and Michael Lockwood (2006-2016).
Lisa Marie Presley Spouse
Lisa Marie Presley has been married multiple times.
Her list of spouses includes Danny Keough, Michael Jackson, Nicolas Cage, and Michael Lockwood.
Her personal life has always been a subject of fascination for the public and media alike.
Riley Keough’s Net Worth
Riley Keough, Lisa Marie’s daughter, has built a successful career in Hollywood.
Her net worth currently stands at an estimated $5 million, a testament to her talent as an actress and model.
Lisa Marie Presley’s Net Worth now
As of now, Lisa Marie Presley’s net worth is estimated to be around $300 million.
This reflects her continued success and smart financial decisions that have sustained and grown her wealth.
Lisa Marie Presley Net Worth Forbes
Forbes has recognized Lisa Marie Presley’s financial achievements, though the most recent information about her net worth might not be readily available.
Given her numerous business ventures and ongoing involvement in the entertainment industry, she has undoubtedly secured her place in the upper echelons of wealth.
Elvis Presley’s Net Worth
Elvis Presley’s net worth at the time of his death in 1977 was estimated to be around $5 million.
However, his music rights, image, and brand have continued to generate substantial income for his estate and heirs, including Lisa Marie Presley.
Conclusion
Lisa Marie Presley’s net worth is a testament to her business acumen and the legacy of her iconic father, Elvis Presley.
In 2023, her fortune stands at an impressive $300 million, and she continues to play a pivotal role in preserving and promoting the legacy of the King of Rock ‘n’ Roll.
With her children making their mark in the entertainment world, the Presley dynasty remains a captivating part of music history.
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