sagnika sinha, 2 hours ago
Did you know Lisa Marie Presley is the only daughter of Elvis Presley? Considering the estate and the fortune Elvis Presley left behind was huge, do you know Lisa Marie Presley net worth? Keep reading the article to learn more.
She was 9 when Elvis died. Apart from being a daughter, she was also a mother to Danielle Riley Keough, a well-known model and actress. She has also starred in films such as Mad Max: Fury Road, The Girlfriend Experience, Logan Lucky, and Magic Mike.
Lisa Marie won the Humanitarian Award in 2002 from the Church of Scientology-supported by the World Literacy Crusade. She has also been involved in helping children to follow education.
What Is Lisa Marie Presley’s Net Worth In 2023?
Lisa Marie Presley is the only daughter of the King of Rock and Roll, Elvis Presley, who died on 12 January 2023 (Link with News) in Calabasas, California. She was 54 years old when she died. Her marital status when she died was divorce.
She studied at West Lake School for Girls while he belonged to the Church of Scientology. She was an American and worked as a singer and songwriter concerning her profession. Her high-profile marriages made it very clear that she spent her life lavishly.
The industry people considered her one of a kind. When she died, many people, such as US pop star Pink, Cilla Presley, Diane Warren, and John Travolta, paid tribute to her. So do you know, Lisa Marie Presley net worth 2023?
Who Is Lisa Presley?
Lisa Presley followed in her father’s footsteps, forging a music career. Her personal life was quite disturbing, filled with monetary issues and dissatisfaction with her partners. She has been married to 4 partners and has four children with her partners.
With Danny Keough, Presley had a daughter called Riley and a son, Benjamin. The son killed himself in 2020, which broke Presley mentally. She suffered from the death of his son for a long time.
She also had twin daughters with her ex-husband, Michael Lockwood, Finley and Harper. It was at the 2023 Golden Globes that Lisa Marie appeared publicly before her death. Read more into the article to know the net worth of Lisa Marie Presley.
Her mother informed her about Lisa Marie’s death in a statement that she made to PEOPLE magazine. She was buried beside her son in the Graceland cemetery during her memorial service on 22 January 2023.
Lisa Marie Presley was born to actor and singer Elvis Presley and Actress Priscilla Presley on 1 February 1968. She was born in Memphis, Tennessee, United States. As a daughter, she lived with her father mostly; however, when she was 4 years old, her parents divorced in 1973.
She was born nine months after her parents got married. Her parents’ divorce impacted her, and she shifted to Los Angeles with her mother after 1973. She is a songwriter and a singer. In 2003, she released her debut album. She also became a recording artist, just like her father.
She married four times; her first husband was Danny Keogh in 1988, and they separated in 1994. Her second husband was the late pop singer Michael Jackson with whom she was married from 1994 to 1996.
Her third husband was Nicholas Cage, with whom she married just 10 days after Cage proposed; however, they divorced in 2004. Her most extended duration of marriage was with her fourth and last husband, Michael Lockwood, from 2006 to 2016.
The first album, “To Whom It May Concern,” was launched in 2003, and she already had the spotlight because she was Elvis Presley’s daughter. Her album charted on the Billboard 200 at number 5.
In June 2003, he was certified gold. She took a concert tour in the UK to promote the album. She also collaborated with Billy as she wrote the song for the title “Savior.” In June 1995, Lisa Marie Presley appeared in the video “You are Not Alone,” sung by Michael Jackson.
Wayne directed the music video. The artist also filmed a duet performance with her father called “Don’t Cry Daddy” in 1997. She forged a career in music, where hundreds of albums were sold.
She was deeply involved with the entertainment industry of Hollywood. She is considered a superhero, a role model, and an icon by the people of the industry. She inspired people; however, her ownership of Elvis’s estate did impact her lifestyle.
What Is The Net Worth Of Lisa Presley?
As of 2023, Lisa Marie Presley net worth is estimated at $16 million. She died on 12 January 2023 from cardiac arrest, and in the end, she lost most of her revenue and inheritance from her father due to her excessive spending habits.
She sold almost 85% of the Elvis Presley Enterprises in 2004 to CKX. The brand also owned the show called American Idol; however, the venture failed. It was between the years 2005 to 2015 that the celebrity daughter lost all her fortune.
The deal was botched up, which led her to sue her former business manager as she accused the manager of squandering the fortune. However, the ex-manager countersued Lisa Marie because she was not paid $800,000, and the lavish lifestyle of the celebrity daughter impacted her fortune.
What Are The Sources Of Lisa Presley’s Income?
The inheritance of Lisa Marie Presley from her father, Elvis Presley, was around $100 million once her grandparents died. This was a huge part of her Lisa Marie Presley net worth. Her father died in 1977 when she was just 9 years old. She became the joint heir to the inheritance of her father.
At 25 years old, she could inherit her father’s estate. However, Vernon Presley, her grandfather, and her great-grandmother Minnie Mae Presley were still alive. After their death, Lisa Marie Presley inherited Graceland because she became the sole heir in 1993.
A philanthropist by nature, Lisa Marie oversaw the Elvis Presley Charitable Foundation for a long time. She helped homeless families and created offers that gave services, daycare for children, and rent-free housing to families needing it.
She was also involved in a philanthropic initiative called Angel Network by Oprah Winfrey. The initiative helped people during Hurricane Katrina, and Lisa Marie was involved. The Dream Factory is another initiative where Lisa Marie worked hard to benefit children suffering from disabilities or illnesses.
Please read the article to learn more about Lisa Marie Presley net worth and how she was impacted.
Comment down below regarding your favorite song by Lisa Marie Presley.