Lisa Marie Presley is the daughter of Elvis Presley, who was known as the “King of Rock and Roll.” Because of this, people have always been interested in her net worth and how much she got from her father after he died. Elvis Presley and Priscilla Presley’s daughter are both named Lisa Marie Presley.
She was born in Memphis, Tennessee, on February 1, 1968. When she was four years old, her parents split up. Elvis Presley died of a heart attack on August 16, 1977. She was nine years old at the time. Lisa Marie also sang, just like her father. She put out three albums: “To Whom It May Concern” in 2003, “Now What,” in 2005, and “Storm and Grace” in 2012.
The Recording Industry Association of America gave her first album a gold rating, and it reached number five on the Billboard 200 chart. During her life, Lisa Marie got married four times. In 1988, she married a musician named Danny Keough. In 1989, they had a daughter named Riley; in 1992, they had a son named Benjamin. In 1994, they split up.
Twenty days after her divorce, singer Michael Jackson became Lisa Marie’s second husband. In 1996, they split up. In 2002, actor Nicholas Age became Lisa Marie’s third husband. After three months, the couple broke up, and their divorce was finalized in 2004. In 2006, Lisa Marie tied the knot with her fourth husband, musician Michael Lockwood. In 2008, they had twin girls named Harper and Finley.
Lisa Marie filed for divorce in 2016. In 2021, the couple’s split was finalized. Lisa Marie died in Calabasas, California, on January 12, 2023, after a life in the public eye. She had turned 54. Read on to find out how much money Lisa Marie Presley had and what she got from Elvis before he died.
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How Much Did Lisa Marie Presley Inherit From Elvis?
How much money did Elvis’s daughter Lisa Marie Presley get from him? Elvis Presley, Lisa Marie’s father, died on August 16, 1977. He had turned 42. Elvis’s will named his father, Vernon Presley, as the person in charge of his estate and a trustee of it. Vernon, Lisa Marie, and Elvis’ grandmother, Minnie Mae Presley, were the people who got money from the trust.
Lisa Marie was only 9 years old when her father died, so her inheritance was put on hold until she turned 25. After Vernon died in 1979, Elvis’ ex-wife and Lisa Marie’s mother, Priscilla Presley, was named in his will as one of three trustees. The National Bank of Commerce in Memphis and Elvis’s former accountant, Joseph Hanks, were the other trustees.
After Minnie Mae died in 1980, Lisa Marie was the only one to receive the money. On her 25th birthday, February 1, 1993, Lisa Marie got everything Elvis owned. Over the years, Elvis spent a lot of money and got ripped off by his manager, Colonel Tom Parker.
His estate was worth $5 million when he died, but only $1 million was given to Lisa Marie before Vernon, and Minnie Mae died. But by the time Lisa Marie got Elvis’s real estate in 1993, it was worth $100 million, thanks to Priscilla’s management. Lisa Marie told people at the time, “I tried to forget about it.” “It’s time, I think.” I do have new responsibilities, but it’s not a big deal unless you don’t know what my job was.
She went on to say that her new job as the owner of the Elvis Presley Trust at the time was the same, except that she was now part of the management team. Lisa Marie’s manager and longtime friend of Elvis, Jerry Schilling, also told People at the time that Lisa Marie was ready to take over her father’s business. He said at the time, “I think marriage and motherhood have made her responsible.”
“I’ve seen her change a lot.” He said, “If [the inheritance] had happened five years ago, it might have hurt her.” “But I think Lisa has been getting ready.” In the interview with People, Lisa Marie also said good things about how Priscilla ran the estate. She said, “She’s done a great job.” “She is amazing, and I have a lot of respect for her and what she’s done.”
Lisa Marie became more involved in 1998 when she became the owner and chairman of the board of the Elvis Presley Trust and Elvis Presley Enterprises Inc., the business the trust ran. She gave CKX Inc., now known as Industrial Media, LLC, 85 percent of the estate’s business holdings, except for Graceland and the properties inside it.
After Lisa Marie died in 2023, her daughters Riley Keough, Harper Lockwood, and Finley Lockwood got Graceland and her trust, a Graceland representative told People. Lisa Marie’s ex-husband, Danny Keough, and she had a child together.
They got a divorce in 1994. She and her ex-husband, Michael Lockwood, had twins, Harper and Finley. They split up in 2016 and got divorced in 2021. Benjamin Keough, Lisa Marie’s son with Danny, killed himself in 2020. He had turned 27.
Lisa Marie had two children with Danny Keough. Riley, who is 33, and Benjamin, who was 27 when he killed himself in July 2020. She married Michael Lockwood in 2006. They have twin daughters, Harper and Finley, 14 years old. They split up in 1994. In 2016, Presley and Lockwood broke up, and in 2021, their divorce was finalized.
TMZ says that two weeks after Lisa Marie died in January 2023, Priscilla went to court to remove an amendment to Lisa Marie’s trust. After Lisa Marie’s father died in 1977, the trust for her was given to Priscilla and Barry Siegel, Elvis’ manager.
Between that time and Lisa Marie’s death, the trust was changed so that Riley and Benjamin, Lisa Marie’s oldest children, took the place of Priscilla and Siegel as trustees. In court documents from 2023, Priscilla said the amendment might be fake because it was never sent to her.
She also said that the date seemed strange, that her name was misspelled on the document, and that Lisa Marie’s signature “does not look like her usual signature.” Priscilla filed a petition to have the change ruled invalid.
What Was Lisa Marie Presley’s Net Worth?
How much money did Lisa Marie Presley have? Celebrity Net Worth says that Lisa Marie Presley’s net worth was $9.5 million at the time of her death. According to court documents obtained by The Blast, Lisa Marie sued her former manager Barry Siegel in 2018 for “reckless and negligent mismanagement” of her estate, which left her with only $14,000.
Siegel replied to the suit by saying that the low amount was because Lisa Marie spent too much. He also asked Lisa Marie for $800,000 in damages because she didn’t pay. Siegel said in court documents that the deal he helped Lisa Marie make in 2005 allowed her to sell 85% of her share of Elvis Presley Enterprises.
“paid off over $20 million in debts Lisa had racked up and gave her over $40 million in cash and a multi-million dollar income stream.” On the other hand, Lisa Marie said that the deal cost her a lot of money because she later put money into Core Entertainment, the company that made American Idol, and it went bankrupt in 2016.
