Named after his daughter, Lisa Marie, the 880 is on permanent display at Graceland. It received a fresh coat of paint in 2018 for the public to experience what it was like on the legend's personal jet.
No stranger to luxury aircraft, the King already owned a custom Convair 880 that he named “Lisa Marie,” after his daughter, and another JetStar. Those planes are currently on display at Graceland, Presley's mansion in Memphis, Tennessee.
Graceland released a statement Sunday saying the Lisa Marie and the Hound Dog II, two custom-designed airplanes once owned by Presley, will remain permanently at the Memphis tourist attraction centered on the life and career of the late singer.
This aircraft was purchased by Elvis Presley and became the Lisa Marie which is now on display at his home in Memphis. Delta N8809E Then a Delta Airlines Convair 880 landing at Columbus 1972. This aircraft was purchased by Elvis Presley and became the Lisa Marie which is now on display at his home in Memphis.
The Lisa Marie is a private jet that was once owned by Elvis Presley. It is currently housed at the Graceland Museum in Memphis, Tennessee. The plane is not currently in operation and is only used for display purposes.
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.
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."
Elvis' daughter, Lisa Marie, also confirmed the happy update by broadcasting her joy on Twitter. Notably, she shared that they will stay at Graceland forever. So, the two jets of one of the biggest musicians of all time look to remain at his Tennessee home.
Presley harbored dreams of one day owning his own fleet of aircraft and purchased three planes before his death in 1977. While the Lisa Marie was referred to as “the pride of Elvis Presley Airways”, the singer also flew another jet called 'Hound Dog II'.
'The Lisa Marie': Elvis Presley's Convair 880 Jet Airplane. On April 17, 1975 Elvis bought a Convair 880 Jet, recently taken out of service by Delta Airlines, for the then-substantial sum of $250,000. After refurbishing, the total exceeded $600,000. He immediately rechristened it the Lisa Marie.
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.
But Presley, who was nine when her father died, remained the sole owner of Graceland, the Memphis Commercial Appeal said. And her 15% stake in EPE likely continues to generate a steady income, given that Elvis Presley is ranked as the No. 4 top-earning dead celebrity in 2022, according to Forbes.
Immerse yourself in the life of luxury as you step aboard Elvis' customized airplanes including The Lisa Marie, equipped with a living room, conference room, private bedroom. Even more, you can take a glimpse at Elvis' smaller airplane, the Hound Dog II.
Its new owner, James Webb of “Jimmy's World” on YouTube, recently transported the jet more than 1,600 miles from Roswell, New Mexico, to Plant City, Florida, where he has begun the painstaking process of repurposing it.
Eager to find a rural refuge away from wild fans and the pressure of fame, 22-year-old Elvis Presley purchased his Graceland estate on March 19, 1959, for $102,500 — or more than $900,000 in today's money. The property came with its famous moniker already in place.
After signing his first record deal, Elvis purchased the 1955 Cadillac Fleetwood 60 that he had custom painted in pink for his beloved mother (who did not even have a driver's license). Today, the car is on display at the Automobile Museum at Graceland in Memphis, Tennessee.
HILLSBOROUGH COUNTY, Fla. — A Hillsborough County man bought a private jet once owned by Elvis Presley. James Webb bought the 1962 Lockheed Jetstar for $234,000.
According to Celebrity Net Worth, the King of Rock n' Roll was worth an estimated $5 million at the time of his death in August 1977. Adjusting for inflation, Elvis Presley's net worth when he died would round out to around $20 million by today's standards.
Sources told TMZ that Priscilla wanted a burial spot next to her ex-husband – who died in 1977 – at his Graceland estate. His final resting place is flanked by the graves of his beloved mother and father. Her request was described as a “non-starter”, so Priscilla backed down without much of a discussion.
After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Riley 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.
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.
Long a tourism magnet for Memphis, Tennessee, Graceland has failed to see visitors return to pre-pandemic levels, and borrowers of bonds issued in 2017 to finance its redevelopment missed another scheduled debt payment, the latest in a string of missed obligations marking worsening financial straights for the ...
She also had twin daughters, Harper and Finley, 14, with Michael Lockwood, whom she divorced in 2021. Riley, Harper and Finley are now set to be the beneficiaries of the Graceland trust.