Lisa Marie Presley’s financial journey is as fascinating as her legacy. As the only child of Elvis Presley, she inherited a vast fortune, yet financial mismanagement and legal troubles led to a dramatic decline in her wealth.
From earning millions through Elvis Presley Enterprises to facing debt and legal battles, her story is a rollercoaster of success and setbacks.
In this article, Aupeo breaks down Lisa Marie Presley net worth, her income sources, financial struggles, and what happened to her estate after her passing.
Lisa Marie Presley Quick Facts
FACT | DETAIL |
---|---|
Real Name | Lisa Marie Presley |
Popular Name | Lisa Marie Presley |
Birth Date | February 1, 1968 |
Age | 54 (Died:January 12, 2023 ) |
Birthplace | Memphis, Tennessee, U.S. |
Nationality | American |
Ethnicity | White (Scottish, German, Norwegian descent) |
Education | The John Thomas Dye School |
Marital Status | Divorced |
Spouse(s) | Danny Keough, Michael Jackson, Nicolas Cage, Michael Lockwood |
Children | Riley Keough, Benjamin Keough, Harper Vivienne Ann Lockwood, Finley Aaron Love Lockwood |
Dating | N/A |
Siblings | Half-brother: Navarone Garibaldi |
Parents | Elvis Presley, Priscilla Presley |
Height | 1.59 meters |
Net Worth | -$10 million |
Source of Wealth | Music, Inheritance, Business Ventures, Elvis Presley Enterprises |
What is the Net Worth Of Lisa Marie Presley in 2025?
Lisa Marie Presley’s net worth was estimated at -$10 million at the time of her passing in 2023. Unlike many wealthiest celebrities, she struggled with financial mismanagement, lawsuits, and mounting debt.
Despite inheriting $100 million from her father’s estate, her wealth was depleted due to poor financial decisions, legal battles, and extravagant spending.
While she once controlled Graceland and a 15% stake in Elvis Presley Enterprises, her finances suffered due to lawsuits against business manager Barry Siegel and costly divorces. By 2018, she was reportedly $16 million in debt, with $1 million owed to the IRS.
Related People & Companies
- Elvis Presley Enterprises
- Priscilla Presley
- Riley Keough
- Barry Siegel
- Michael Lockwood
- Graceland Mansion
- Michael Jackson
- Danny Keough
- Nicolas Cage
- Colonel Tom Parker
Lisa Marie Presley Wealth, Salary, and Financial Overview
How Did She Build Her Wealth Over Time?
Lisa Marie Presley was born into wealth, inheriting her father’s estate at 25, which was worth $100 million at the time. Thanks to her mother, Priscilla Presley, the estate had grown significantly before she took control.
Her financial empire expanded through Elvis Presley Enterprises, where she owned a 15% stake, earning royalties from music, merchandise, and Graceland tours.
Additionally, she pursued a music career, releasing three albums, including To Whom It May Concern, which was certified Gold.
However, in 2004, she made a critical financial decision—selling 85% of Elvis Presley Enterprises for $100 million. While this initially provided a financial cushion, the money quickly dwindled due to lavish spending and mismanagement.
What Were the Main Sources of Her Income?
Lisa Marie had multiple income streams, including:
- Royalties from Elvis Presley’s estate
- Elvis Presley Enterprises profits
- Music album sales and tours
- Business ventures and endorsements
- Life insurance policies (Reportedly worth $35 million at her passing)
Despite these earnings, legal battles and lifestyle choices drained her fortune over time.
How Did Financial Challenges Affect Her Wealth?
Lisa Marie’s financial troubles began with lavish spending and high divorce settlements. By 2003, she was $20 million in debt, forcing her business manager Barry Siegel to intervene.
While he helped recover some losses, she later sued him for alleged financial mismanagement, claiming her trust was reduced to just $14,000 by 2015.
Her 2018 divorce from Michael Lockwood also revealed further financial struggles, including:
- $16 million in debt
- $1 million owed to the IRS
- $500,000 in credit card debt
What Role Did Graceland and Elvis Presley Enterprises Play in Her Finances?
Graceland, the 14-acre estate in Memphis, was a major revenue source, attracting 500,000 visitors annually. However, high maintenance costs and debt payments led to financial strain.
In 2017, Memphis granted a $104 million loan to help sustain its operations, but COVID-19 closures exacerbated the financial issues.
Despite her financial troubles, Lisa Marie never sold Graceland, ensuring it remained in the Presley family.
How Did Financial Mismanagement Impact Her Fortune?
Lisa Marie’s financial downfall was largely attributed to mismanagement by Barry Siegel. She sued him in 2018, claiming he:
- Made bad investments, including selling 85% of EPE too soon
- Charged an excessive salary of $700,000 per year
- Left her estate nearly bankrupt
Siegel countered, stating her extravagant spending was to blame, revealing she had $92,000 in monthly expenses, including $23,500 in rent and $1,700 for a Maserati payment.
What Happened to Her Estate After Her Passing?
After Lisa Marie’s death in 2023, her estate fell into legal disputes. Her 2016 will amendment removed Priscilla Presley as trustee, leaving Riley Keough in charge.
Priscilla contested the will, but a settlement was reached in May 2023, securing control for Riley.
Lisa Marie’s daughters—Riley Keough, Harper, and Finley Lockwood—are heirs to the Presley estate. Reports suggest Graceland and her remaining EPE stake will continue generating revenue for them.
Conclusion
Lisa Marie Presley’s net worth story is a cautionary tale of inheritance, financial mismanagement, and legal struggles. Her legacy lives on through Graceland and Elvis Presley Enterprises, now managed by her daughter, Riley Keough.
For more in-depth celebrity finance analysis, visit Aupeo. Share your thoughts in the comments or explore more articles!