Lisa Marie Presley's annual income fluctuated greatly throughout her life. In November 2022, she reportedly earned $104,000 per month from Elvis Presley Enterprises, plus $4,361 monthly as a
Lisa Marie decided to allow Barry Seigel to handle all the funds, which were mostly sold in 2005 as Elvis Presley Enterprises. Exactly 85% of Elvis' image rights were sold and this left Lisa Marie with about $40 million after taxes. Unfortunately, she lost all that inheritance between 2005 and 2015.
After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Keough and Harper and Finley Lockwood, a representative for Graceland confirmed to People. Lisa Marie shared Riley with her ex-husband, Danny Keough, whom she divorced in 1994.
According to Forbes, Elvis Presley's estate makes him one of the wealthiest dead celebrities today. The publication estimates that the Presley estate earned $23 million in 2020 alone. A majority of this money comes in through Graceland, which earns around $10 million annually during a typical year.
Though she has a reported net worth of $5 million, granted that she gets to remain sole trustee of Lisa Marie's estate – Priscila contested the decision to make her so – it will only become bigger.
Somewhat shockingly, Lisa Marie Presley's net worth in 2023 was estimated to be $-16 million. Lisa Marie sold an 85% stake in Elvis Presley Enterprises to CKX, the same company that owned American Idol, in 2005, but the business venture failed.
After her divorce from Elvis, she received a $725,000 cash payment, child support, spousal support, 50% of the proceeds from the sale of their home in Beverly Hills, and 5% of the royalties from Elvis' publishing companies, according to the net worth site.
Presley's three daughters, Riley, Harper and Finley, will inherit the Tennessee estate, according to a representative. Presley became the sole heir to Graceland and its 17,500 sq ft (1,626 sq m) mansion when she turned 25.
At the time of his death in 1977, Elvis Presley's net worth was around $5 million, according to Celebrity Net Worth. (That's around $24 million today.) This figure was complicated by expenses related to Graceland and the fact that his record label was making money off his music, not Presley's estate or relatives.
Sadly for Lisa Marie, her inheritance never included the royalties to the many songs of Elvis Presley's which were recorded.
Lisa Marie Presley struggled with her finances throughout much of her life. After her $100 million Elvis Presley estate inheritance was squandered away by bad business dealings and a shady manager, Lisa Marie found herself in debt to the tune of $4 million at the time of her death at the age of 54.
Soon after becoming a trustee, Priscilla suggested opening Graceland to the public. Lisa Marie assumed control of the estate in 1993 and formed a new trust with her mother and the National Bank. That new trust created Elvis Presley Enterprises, Inc., and in 2005 Lisa Marie sold 85% of her stake in the company.
Lisa-Marie Presley's three daughters to inherit Graceland estate worth $718 million. Lisa Marie Presley's three daughters will inherit the $718 million estate once owned by Elvis after her sudden death last week.
According to People, Lisa Marie's three daughters – actor Riley Keough, 33, and twins Harper and Finley Lockwood, 14 – will inherit Graceland in Memphis, Tennessee.
Elvis' only daughter was valued at about -$10 million, according to Celebrity Net Worth, and it has a lot to do with her father's $100 million fortune she inherited at the time of his death. According to Lisa, she ran into financial troubles when she trusted her former business manager Barry Siegel with her cash.
Lisa Marie became the the sole owner of the mansion when the trust holding her inheritance dissolved on her 25th birthday in 1993. Graceland has become a popular tourist attraction over the years, with public tours on offer as well as sprawling museum exhibits.
Elvis and Priscilla shared custody of their daughter from 1972. 'He'd send his jet, the Lisa Marie, to take her from LA to Utah, so she could play in the snow,' wrote Burn. 'Lisa Marie was so used to seeing people jump at her father's command, that she took years to overcome this habit,' recalled Priscilla.
In 2004, Lisa Marie sold 85% of Elvis Presley Enterprises' assets in a deal reportedly worth more than $100 million. She retained 15% ownership of Elvis Presley Enterprises, which manages operations for Graceland, its related properties and the Graceland Archives.
After Elvis died in 1977 at Graceland, Priscilla helped establish Elvis Presley Enterprises (EPE), which launched Graceland into a top international tourist destination.
But in 2004, she agreed to sell off 85% of Elvis Presley Enterprises' assets, including Elvis' likeness rights, for around $100 million to music entrepreneur Robert F.X. Sillerman and his company CKX Inc. Lisa Marie Presley retained 15% ownership in Elvis Presley Enterprises.
Lisa Marie Presley was the sole heir to the sprawling 13-acre estate following Elvis' death in 1977. Per People, the Memphis mansion will now go to her three daughters, including actor Riley Keough. "Graceland was given to me and will always be mine," she told USA Today. "It will never be sold."
“When Elvis died, he had one child, which was Lisa Marie — he wanted everything to go to Lisa Marie,” Melcher said. “Priscilla and Elvis were divorced and he made a conscious choice not to leave Priscilla in his will or estate.
The fate of Elvis Presley's Graceland mansion has been revealed. The Memphis, Tenn. estate will be inherited by Lisa Marie Presley's three daughters—Riley Keough and Harper and Finley Lockwood—following her death at age 54, a representative for Graceland confirmed to E! News on Jan. 17.
Graceland Holdings LLC, led by managing partner Joel Weinshanker, is the majority owner of EPE.