Lisa Marie Presley was an American singer-songwriter. She was the only child of singer and actor Elvis Presley and actress Priscilla Presley and the sole heir to her father’s estate. To Whom it May Concern, Lisa Marie’s debut album from 2003 earned favorable reviews. Since then, she has released two additional albums. 2012’s Storm & Grace was her most recent album. Lisa Marie Presley suffered heart arrest and passed away at 54. Apart from her professional life, she is a mother of kids. Why did she divorce her entire partner? Scroll down to learn more details about Lisa Presley net worth, husband, cause of death, and many more.
What was Lisa Presley’s net worth when she passed away? Does Lisa Marie make money from Graceland?
Lisa Presley net worth: Lisa Marie Presley had a net worth of -$10 million at the time of her death. She has a significant role in her father’s $100 million fortune, which she inherited upon his passing. Elvis passed away at the age of 44 in 1977. He left Lisa Marie his entire estate. She had just turned nine years old. Elvis was much poorer than you might think after years of extravagant spending and being duped by his longtime manager Colonel Tom Parker. Elvis’s net worth at the time of his passing was $5 million. The entire sum left to Lisa after numerous inheritance taxes, bills, and other expenses was only $1 million. That is equivalent to about $5 million in today’s money. For the subsequent 16 years, Lisa’s mother, Priscilla, served as the estate’s sole executor beginning when Lisa was only nine years old.
Lisa eventually filed a lawsuit against a former business manager, claiming he wasted most of her enormous money. She asserted in a lawsuit that by 2015, the trust money had been reduced to just $14,000. The estate’s business manager attributed Lisa Marie’s debt of $20 million by 2003 to her wasteful spending, which he subsequently had to help her recover. Due to COVID, her case against the former business manager was suspended.
Lisa Marie continued to make money from Graceland tourism at the time of her death, despite the COVID-19 outbreak affecting the industry. In court documents obtained by The Blast in November 2022, Lisa Marie stated that she worked at Graceland and received a monthly salary of $4,361. Lisa claimed to be $16 million in debt during a divorce court battle in 2018. Michael Lockwood, Lisa’s ex-husband of ten years, claimed Lisa earned between $100 and $200 000 every month from the Elvis Presley Enterprises trust simultaneously.
Who is Lisa Marie Presley’s husband/partner? Why did she divorce her entire partner? children
In her life, Lisa Marie Presley was married four times. When Presley was in her teens, she began dating actor and musician Danny Keough, and the two eventually were married in 1988. When she reached 20, they got married, and in May 1989, they welcomed a daughter called Danielle Riley Keough into the family.
Benjamin Storm Keough, Lisa and Danny’s second child, was born in 1992. 2020 saw his suicide death. Danny and Lisa separated in May 1994, and despite rumors that they may reconcile, this did not happen. However, it was said that they were still close.
Michael Jackson, the King of Pop, had been known to Lisa Marie Presley since 1975, but their relationship did not blossom until 1992. In 1994, they got married, and at the time, they told People Magazine about it in a statement. Michael Jackson’s drug issues and pedophilia allegations, though, caused their marriage to end quickly. In 1996, the couple filed for divorce. Presley claimed in a 2003 interview with Oprah Winfrey that Jackson “pushed” her away when asked to choose between drugs and her.
At a party in 2000, Lisa Marie Presley and Nicholas Cage first came into contact with one another and soon started dating. They got married in August 2002. However, Cage filed for divorce two months later, in November 2002. In 2004, they were formally divorced.
In January 2006, Lisa Marie Presley wed musician Michael Lockwood, marking her fourth trip down the aisle. Harper Vivienne Ann Lockwood and Finley Aaron Love Lockwood, fraternal twin daughters, were born to the couple two years later. Things started to go south in 2016, and Lisa requested a divorce. Over four years, they engaged in numerous legal conflicts. But in 2020, Lisa was granted joint custody of her daughters.
Causes of Lisa Marie Presley’s death
American songwriter Lisa Marie Presley, the only daughter of the “King of Rock and Roll” Elvis Presley and Priscilla, passed away at 54. Presley suffered a heart arrest on January 12, 2023, at her Calabasas, California, residence. After receiving CPR, Presley’s heart was revived while transported to a hospital. Three weeks before her 55th birthday, she passed away at 54. On January 10, 2023, she made her final public appearance with her mother, Priscilla Presley, at the 80th Golden Globe Awards.
When was the American songwriter Lisa Marie Presley born? Age, parents, and nationality
Lisa Marie Presley was born on February 1, 1968, in Memphis, Tennessee, USA. She died in Los Angeles, California, USA, on January 12, 2023 (Cardiac Arrest). Her parents were Elvis and Priscilla Presley, and she was born nine months to the day after her parent’s wedding. After her parents divorced, she lived with her mother. When her father died in 1977, 9-year-old Lisa Marie instantly became joint heir to his estate along with her grandfather Vernon Presley and her great-grandmother Minnie Mae Presley. She holds American nationality.