His recordings generated insane amounts of money and continue to do so to this day. Between the mid-50s and his death in the late 70s, Elvis' touring performances, Las Vegas' show, record sales, and movie contracts, generated over a billion dollars in revenue.
He earned millions of dollars through various means, including music sales, concerts, merchandise sales, licensing royalties, music publishing rights, personal appearances, and record sales. Elvis Presley's net worth was estimated at $5 million at his death but has since grown to over $500 million.
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.
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.
Elvis, who spoke of his twin throughout his life, grew up an only child in a poor family. His father, Vernon, worked a series of odd jobs, and in 1938 was sentenced to three years in prison for forging a $4 check (he spent less than a year behind bars).
1935 - 1948
Elvis grows up within a close-knit, working class family, consisting of his parents, grandparents, aunts, uncles, and cousins, who all live near one another in Tupelo. There is little money, but Vernon and Gladys do their best to provide for their son, who is the center of their lives.
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.
Brown / Getty Images / AFP. Over the years, the trustees decided to open Graceland up to the public via a variety of tours and overnight stays. Elvis purchased the home in 1957 for $US100,000 ($A143,500). In 2020, Rolling Stone reported its estimated worth to be as much as $US500 million ($A718 million).
His will appointed his father, Vernon Presley, who had long handled Elvis' personal, non-career business affairs, as executor and trustee. The beneficiaries were Elvis' grandmother, Minnie Mae Presley; his father, Vernon Presley; and his only child, Lisa Marie Presley.
At just nine years old, Priscilla Presley became one of three heirs to her father's estate when Elvis Presley passed away in 1977. Three years later, after the passing of her grandfather, Vernon, and great-grandmother, Minnie, she became the sole heir.
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.
Like most global superstars, Presley also enjoyed traveling in style, which included taking to the skies in his own fleet of private planes, consisting of a Convair 880 and two Lockheed JetStars.
How Many Cars Did Elvis Own? Elvis's car collection is reported to have expanded to over 200 automobiles in his lifetime. He favored Cadillacs but also had an extensive collection of Harley-Davidson motorcycles, some of which are on display at Graceland.
The Colonel travelled to Memphis for the funeral, where he turned up dressed in a Hawaiian shirt and baseball cap, and smoked his trademark cigar. It was reported that at the funeral, he persuaded Presley's father to sign over control of Presley's career in death to him.
He had lived at Graceland for 20 years. So, the house, in a way, has been home to Elvis' legacy for twice as long as it was home to Elvis.
The Upstairs Remains Off Limits
Presley's primary suite on the second floor of Graceland was his most private refuge, where only his closest confidants were allowed. It was there, in his bathroom, that Presley's body was found on Aug. 16, 1977.
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 would get $130,000 for a one night performance, he could received $1million for a movie deal and $250,000 to do a recording session. All financial decisions were made by the Colonel.
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.
After Elvis's death in 1977, his father Vernon was one of the executors of his estate, which was held in trust for his daughter Lisa Marie. Vernon named Priscilla to be his successor upon his death. She assumed the role following Vernon's 1979 death.
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.
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.
Presley was found unresponsive at Graceland, his Memphis mansion, around 2:30 p.m., The New York Times reported. His then-fiancee Ginger Alden found Presley lying unconscious on the floor of the master suite bathroom, according to PBS. He was rushed to the hospital, where he was pronounced dead at 3:30 p.m.
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.