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.
Lisa Marie claimed that Siegel had dissipated her inheritance from her father through his reckless and negligent management. Siegel was said to have squandered $100 million of Elvis' fortune and left her with only $14,000. It was absolutely not enough money to cover her luxurious lifestyle.
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.
Upon the deaths of her grandfather in 1979 and her great-grandmother in 1980, she became Elvis' sole heir; on her 25th birthday in 1993, she inherited the estate, which had grown to an estimated $100 million. Presley sold 85 percent of her father's estate in 2004.
THE ESTATE OF ELVIS PRESLEY/THE ELVIS PRESLEY TRUST
The beneficiaries were Elvis' grandmother, Minnie Mae Presley; his father, Vernon Presley; and his only child, Lisa Marie Presley. The will provided that Vernon Presley could, at his discretion, provide funds to other family members as needed.
The only daughter of Elvis and Priscilla Presley, Lisa Marie was the sole inheritor of her father's famed mansion.
Who owns the rights to Elvis Presley's music? While most of Presley's estate belongs to the late rock star's daughter, a deal that was made before his death rerouted all of the royalties from his music away from his estate.
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.
Sadly for Lisa Marie, her inheritance never included the royalties to the many songs of Elvis Presley's which were recorded. This was due to a poor deal negotiated by Elvis' manager, Colonel Tom Parker, which meant all future royalties were signed away.
What Was Lisa Marie Presley's Net Worth? 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.
A representative of Graceland told People that the property will now be passed on to Lisa Marie's three daughters, Riley, Harper and Finley.
Presley. “Elvis lived in many places, but Graceland was always his home, and Lisa felt the same way,” he said. “At times of difficulty, she slept in his bedroom. Twenty-five million people have visited Graceland, but it was always only home to one person, and that was Lisa.”
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.
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.
Sony Entertainment owns the rights to all pre-1970 recordings of Elvis Presley, whereas RCA Records (owned by RCA) owns the rights to all prior recordings. The majority of Elvis Presley's estate is owned by his daughter, Lisa Marie, but a deal was made before he died that diverted all royalties from his music.
But Benjamin died by suicide in 2020, which means Riley is now the sole executor of Lisa Marie Presley's estate, which includes the 17,552-square-foot Graceland mansion and a 15% stake in Elvis Presley Enterprises.
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.
Out of the ridiculous $10.5million figure, Elvis received $4.5million and the Colonel received $6million. Toward the end of his career, his body was ravaged by years of abuse. Besides for being super generous, giving away cars, jewelry and houses, he was over reliant on his advisors.
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.
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.
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.
According to the terms of her father's will, Lisa Marie became the sole inheritor of Graceland and the rest of the “Hound Dog” singer's estate, but her inheritance was held in a trust until she turned 25.
Michael Jackson — $400 million. Elvis Presley — $40 million. Arnold Palmer — $35 million.