In the spring of 1957, when Elvis Presley was 22, he purchased the home and grounds for just over $100,000.
A majority of this money comes in through Graceland, which earns around $10 million annually during a typical year. All in all, the Presley estate is worth anywhere between $400 to $500 million as of 2020, according to a Presley estate executive cited in a report by Rolling Stone.
Elvis purchased Graceland — the house, the barn and the 13.8 acres of land — on March 19, 1957, for $102,500. The home's Whitehaven location was relatively isolated and rural, unlike Elvis' previous address at 1034 Audubon Drive in East Memphis.
Elvis purchased Graceland so his parents could have a home they deserved. The home is full of Presley family artifacts and photos. Gladys and Vernon's bedroom is on display, for example, and fans can see a gorgeous necklace Elvis purchased for his mother in the new "I Shot Elvis" exhibit.
Presley purchased Graceland on March 19, 1957, for a price of $102,500.
Lisa Marie Presley retains 100% sole personal ownership of Graceland Mansion itself and its over 13-acre original grounds and her father's personal effects - meaning costumes, wardrobe, awards, furniture, cars, etc.. She has made the mansion property and her father's personal effects permanently available for tours of ...
Tickets to see Presley were $5, $7.50 and $10, with a limit of four per order, sold by mail only.
The iconic Memphis home of Elvis Presley, which had been willed to his daughter Lisa Marie Presley — who died Jan. 12 at the age of 54 — will now go to Presley's three surviving children: elder daughter Riley Keough, 33, and twins Harper and Finley Lockwood, 14. Lisa Marie Presley's son, Benjamin Keough, died in 2020.
In 1983, during her 25th birthday, Lisa Marie finally inherited her father's entire estate, which had grown to about $100 million.
Estate estimated net worth: US$400-500 million
But that wasn't the case back in the day. When he was found dead in 1977, his net worth was only US$5 million, which is worth about US$20 million in today's money.
"Lisa Marie's final resting place will be at Graceland, next to her beloved son Ben," a statement to PEOPLE read. She was honored with a public service at Graceland on Jan. 22. "Riley, Harper, Finley, and Priscilla are grateful for the support, well-wishes, and outpouring of love honoring their beloved Lisa Marie.
By the end of the 90s, Lisa Marie's estate was worth $200 million. Aunt Delta, who was the last person to live in the house (if you believe that Elvis has actually left the building permanently and isn't simply hiding upstairs), died in 1993. Although it is his most famous, Graceland was not Elvis's only home.
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.
At the time of Elvis' death in 1977, his estate was worth about $5 million (roughly $25.4 million in today's dollars). Lisa Marie Presley inherited her father's estate when she turned 25 years old in 1993.
The documents outline how the estate will be split between Lisa Marie's family members and specify that Priscilla will be buried at Graceland as near as possible to Elvis, her ex-husband.
Among those who participated in the public memorial service at Elvis Presley's mansion in Memphis, Tenn., were musicians Billy Corgan, Alanis Morissette and Axl Rose, as well as Priscilla Presley.
Did Ginger Alden Attend Elvis' Funeral? Yes. As his fiancée at the time, it is believed that Ginger Alden was present for Elvis' funeral. Following the funeral, however, she was reportedly banned from Graceland by Presley's family and had to receive permission to visit his grave.
Who attended Elvis Presley's funeral? An estimated 200 people attended Elvis' funeral, including his close friends and family. Many stars were at the funeral, including: John Wayne, Burt Reynolds, George Hamilton, Ann-Margret and Caroline Kennedy. Colonel Tom Parker, Elvis' long time manager was also there.
The Upstairs Remains Off Limits
After the home was opened to the public in 1982, the second floor was sealed shut out of respect to the family — and also to avoid any macabre attention at the scene of his death.
Priscilla Presley and granddaughter Riley Keough reach Graceland settlement.
Does Priscilla Presley Live at Graceland? Priscilla does not currently live at Graceland, the mansion purchased by Elvis at the height of his career to live in with his family. Elvis died on August 16, 1977, at age 42 from heart issues. The rock 'n' roll legend's property was first opened to the public in 1982.
December 31,1975 Elvis makes his biggest concert ever, earning a gross $800.000. With a crowd of over 60000!! Elvis performes at the "Pontiac Silverdome" in Pontiac, Michigan 8:30 p.m. Elvis wore the Rainfall suit with original belt.
From 1969 to 1977, Elvis performed 636 shows at the International Hotel in Las Vegas in month-long periods of two shows per night.
How much did Elvis Presley make per concert? Elvis Presley earned a good living being on the road. According to a 1989 Los Angeles Times article, his "average concert gross in the mid-'70s was $130,000 a night," which puts him in the $700,000 range or so in modern dollars.