Elvis Presley's iconic
What Will Happen To Graceland Now That Lisa Marie Presley Is Dead? A representative of Graceland told People that the 13.8-acre, 23-room estate will now be passed on to Lisa's three daughters, Riley Keough and twins, Harper Vivienne and Finley Aaron Lockwood.
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 the permits and published reports, all of the buildings across Elvis Presley Boulevard from the mansion will be demolished and replaced. A new museum, restaurants, and retail space are part of a more than $30 million dollar plan. According to the plans, Elvis' planes will remain grounded where they are.
After the death of Elvis Presley's daughter Lisa Marie on January 12, 2023, it was reported that her three daughters, Riley, Harper and Finley will inherit the Tennesse estate.
The estate was estimated to be worth between $400 to $500 million in 2020 according to Rolling Stone. The King's daughter vowed never to sell the estate despite rumors to the contrary: “Graceland was given to me and will always be mine. And then passed to my children. It will never be sold.”
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.
mansion, Graceland, will stay in the Presley family. Following the death of Lisa Marie Presley on Thursday, the property, which is in a trust, will benefit Lisa Marie's three daughters, Riley, Harper and Finley, a representative for Graceland confirms to PEOPLE.
The Upstairs Remains Off Limits
It was there, in his bathroom, that Presley's body was found on Aug. 16, 1977. 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.
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.
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 ...
At the moment of their divorce Priscilla received a cash payment of $725,000, child support payments, spousal support payments, 50% of the sale of the couple's Beverly Hills house and 5% royalties from Elvis Presley's publishing companies.
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.
Graceland: Take a live virtual tour of Elvis' Memphis home
The King left the Memphis mansion to his daughter and in 1982 the home was opened to the public for tours. Even though Graceland remains an incredibly popular tourist attraction to this day, it's still very much home for Lisa Marie.
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. She was the sole heir to her father's estate, which she assumed in 1980 after Elvis Presley's death in 1977.
Following Elvis's death, he left Lisa Marie ownership of the Graceland estate through a trust fund set up in her benefit. That trust dissolved when she turned 25 in 1993, giving her full ownership of the property, which now hosts popular public tours and sits next to museums honoring Elvis's life and career.
Soft hints of jasmine, rose and cedarwood create a sophisticated and elegant scent that is perfect for any space.
"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.
The Colonel himself ended up being the greatest sucker of them all, giving back almost his entire fortune to the Hilton croupiers.
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.
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.
Priscilla appears to not understand the depths of what Walter was implying — that she was groomed. She said that she was rebellious and Elvis was “charming” and really won over the likes of her parents, even if it meant missing days of school to travel and see him.
In 1983, during her 25th birthday, Lisa Marie finally inherited her father's entire estate, which had grown to about $100 million.