Lisa Marie Presleys Net Worth : Career & Lifestyle

The American songwriter, actress, and singer Lisa Marie Presley’s net worth is a staggering $-16 million as of 2023.

Lisa Marie is best recognized for being Elvis Presley’s daughter and only child, but she is also a talented singer-songwriter in her own right.

Her low net worth is due to various financial troubles stemming from the Presley estate, which she inherited at the age of 25.

She is also recognized for being married to Michael Jackson and being a former member of the Church of Scientology.

Lisa released her second album, “Now What,” exactly two years later in April 2005. She recorded cover versions of Don Henley’s Dirty Laundry and the Ramones’ “Here Today, Gone Tomorrow.”

Lisa’s 3rd album, Storm and Grace, was released in 2012. Lisa presented a film she had made in 1997 called “Don’t Cry, Daddy” during the 20th Anniversary of Elvis’ death.

Lisa Marie Presley was born on February 1, 1968, at Baptist Memorial Hospital-Memphis in Memphis, Tennessee, to Elvis Presley and Priscilla Presley.

The only successor to her father’s estate is this American singer-songwriter. Presley has created a name for himself in the music industry, releasing three albums.

She has been married four times to singer Michael Jackson, actor Nicolas Cage, and music producer Michael Lockwood, to name a few. Her twin children’s father is Michael Lockwood. Presley was born nine months and one day after her parents married.

When her parents split when she was four years old, she was handed custody to her mother in Los Angeles, California, and she was allowed to visit her father at Graceland in Memphis, Tennessee, but only for a short time.

Quick Facts

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Early Life: Lisa Marie Presley

On February 1, 1968, Presley was born in Memphis, Tennessee, to Elvis Presley and his wife, Priscilla. She lived raised in her father’s Graceland home until she was four years old when her parents divorced.

Presley relocated to Los Angeles, California, with her mother. Even though her parents were divorced, she continued to see both of them, dividing her time between Los Angeles and Memphis.

When she was nine years old, Presley’s father died of an apparent heart failure related to prescription drug misuse.

Lisa Marie Presley’s Net Worth and Income

The American songwriter, actress, and singer Lisa Marie Presley’s net worth is a staggering $-16 million as of 2023.

Following her father Elvis Presley’s death from an overdose, Lisa became the only heir to his fortune. She was, however, too young to claim her half of the inheritance at the time.

Lisa was able to obtain the trust her father had left her when she turned 25. Lisa Marie Presley’s estimated net worth is -$16 million, putting her in a near-bankruptcy situation.

Her inheritance is worth $14000 (cash). Her mother has a net worth of $50 million, which is surprising.

Inheritance

When Lisa’s father died, she was nine years old. Elvis Presley was unconcerned about money, and he was known for his extravagant spending during his lifetime.

However, Elvis Presley’s manager, Colonel Tom Parker, was robbing him utterly, stealing half of his revenues. Elvis Presley’s estate was valued at $5 million at the time of his death, which is the equivalent of $14 million in today’s money.

His wife Priscilla (also Lisa’s mother) served as the sole executor of his estate, intended to be bequeathed to Lisa. Lisa Marie, on the other hand, was just nine years old at the time.

After seeing that Lisa’s bequest had been reduced to just $1 million after all expenses and fees, Priscilla began rebuilding the estate and coping with its poor predicament.

She took the bold decision of converting Graceland (Elvis’ mansion) into a museum, and she paid off all debtors and unpaid expenditures just four days after it opened.

Lisa inherited her father’s inheritance when she was 25 years old, and it was worth $100 million (equal to $295 million in today’s money).

Rather than inheriting the money outright, she established a revocable living trust and named Barry Seigel to handle the funds.

Seigel decided to sell 85 percent of EPE (Elvis Presley Enterprises), the company that handled all of Elvis’ image rights and royalties, in February 2005.

Additional

Despite EPE being worth $100 million, Lisa Marie only received $40 million after taxes from Seigel’s deal. However, the deal includes $25 million worth of stock in American Idol’s future holding company, so it wasn’t all awful.

Unfortunately, between 2005 and 2015, the money completely dried up. Part of this was due to Lisa’s extravagant spending habits, but it was also likely due to financial mismanagement by Seigel and other financial managers.

After all, was said and done, Lisa Marie had only $14,000 left in the trust she had established. She was also said to owe over $500,000 in credit card debt.

Financial Problem

Lisa Marie Presley had fired Barry Siegel by 2015. She sued her former business manager for allegedly squandering $100 million of her riches and leaving her bankrupt two years later.

She said that the EPE deal was a bad idea and that he failed to tell her the truth about the Presley estate’s status.

Barry Siegel claimed that Lisa Marie’s extravagant spending habits caused the estate’s large losses in his defense.

He also claimed to have met with her regularly for business meetings, during which he explained the issue and warned her to keep her expenditures under control.

Seigel also claimed that Lisa’s extravagant spending habits had put her estate $20 million in debt by 2003, which he later rectified.

Lisa Marie reacted by stating that she was unaware of the state of her estate and that if Seigel had told her the truth, she would have cut her expenditures and immediately decreased his $700,000 pay.

She said that if she had merely been handed the estate’s revenue, she could have lived happily on $1.5 to $2.5 million per year. Due to Covid-19, the continuing legal dispute was put on pause in 2020.

Lisa Marie has $16 million in debt, according to court filings from her divorce proceedings with Michael Lockwood in 2018. Unpaid taxes from 2012 to 2015 account for $10 million of the debt.

Credit card bills and unpaid attorney fees make up the rest of the debt. After her ex sought $450,000 to settle his legal bills, Lisa filed the paperwork.

Lisa Marie Presley’s Net Worth in Different Currencies

Let’s take a look at Lisa Marie Presely’s Net Worth in several currencies, including BitCoin, the cryptocurrency.

Lisa Marie Presley: House, Cars, Aircraft Lisa Marie

House

English Retreat

The £4,500,000 house had been on the market since 2017. The colorful house in Rotherfield, East Sussex, is set on 49 acres of property surrounded by nothing but natural beauty.

The house has 11 bedrooms, nine bathrooms, as well as an indoor pool, spa, and sauna. The house is stunning, including a lovely water garden with ponds and a central fountain.

It is unique in that it incorporates both 15th century and modern design elements.

The housing complex is surrounded by lovely gardens, featuring a lovely water garden with four ponds, well-trimmed box hedges, and a central fountain.

A circular hedged garden, paddocks that stretch to the bottom of the valley, and a gorgeous lake with a covered jetty and mooring are also included in the gardens.

Surprisingly, after being listed for sale in July 2014, this magnificent English getaway is still available.

California home

After being placed for sale, the wealthy home initially sold for $8,999,000 but sold for $5 million. The Hidden Hills neighborhood is well-known for attracting celebrities like Kim Kardashian, Ozzy Osbourne, and Sharon Osbourne.

A one-bedroom guest house with a sound booth is included with the property. The overall square footage of the guest and principal houses is 8,000 square feet.

The contemporary home has five bedrooms and five and a half bathrooms, ideal for a large family. There are three different guest quarters and a pool, spa, waterfall, and tack rooms.

The location also has a large parking lot that can handle a large number of vehicles.

Cars

Cadillac CT6

The Luxury trim of the 2020 Cadillac CT6 big luxury car has a Manufacturer’s Suggested Retail Price (MSRP) of $58,995. To get to $59,990, add the $995 destination fee.

The Premium Luxury version starts at $75,490, while the V version costs $95,890, and the Platinum version costs $97,490.

Except for the smaller but equally luxury, well-equipped, and attractive Volvo S90, the CT6’s beginning price undercuts even the high-value Genesis G90, while European rivals are significantly more expensive.

The Lexus LS has a starting price of roughly $77,000. Check out the KBB.com Fair Purchase Price to see what others in your region are paying for a new CT6 before you buy. The resale value is projected to be about average.

Mercedes Benz s600

The Mercedes-Maybach S600 is one of the most costly Mercedes on the market today. The MSRP (Manufacturer’s Suggested Retail Price) is estimated to be around $192,000.

Fill up all of the options, which is the only way to get your hands on a Maybach, and the price will be around $200,000. In comparison to its competitors, which are all much more expensive, the S600 represents exceptional value.

The Rolls-Royce Ghost has a starting price of around $295,000. At almost $400,000.00, the Rolls-Royce Phantom is twice as expensive.

The Bentley Mulsanne is priced between $300,000 and $400,000. Only the Range Rover SVAutobiography LWB, which starts at over $146,000, is less expensive.

1973 Porsche 911 Carrera rs

When it comes to Porsche 911s, the 1973 Porsche 911 Carrera RS 2.7 is commonly regarded as the holy grail. At the time, 500 devices were produced, each costing over USD 10,000, and the firm was unsure if they would be able to sell them all.

On the other hand, the vehicle sold out in less than a week after its debut at the Paris Motor Show. During the production period, Porsche built 1,590 of these cars.

Chevrolet Tahoe

The Chevy Tahoe is an excellent large SUV. Because of its outstanding combination of luggage and passenger space, safety and reliability ratings, positive reviews from automotive journalists, and available family-friendly features, we designated it a finalist for our 2021 Best Large SUV for Families.

Despite its size, it’s rather easy to maneuver, and it comes with three capable engine options, including two powerful V8s and a fuel-efficient turbodiesel.

In addition, the Chevy features a lot of passenger and freight room. Furthermore, this SUV features a well-equipped infotainment system as well as a class-leading projected dependability rating.

Aircraft Lisa Marie

Her father named one of his private planes, a converted Convair 880 jet (original passenger capacity: 100), after her in November 1975. He spent over a million dollars restoring it to serve as his primary mode of transportation while on tour.

At Graceland, the Lisa Marie and another of his planes, Hound Dog II, are on display. Both planes were rumored to be for sale in January 2015. They’re no longer flyable, but their owner was hoping to sell them for a total of $10 million.

The buyer would have the option of purchasing acreage adjacent to Graceland and exhibiting them separately. The Elvis Presley estate eventually acquired them back, and they are still on display.

Lisa Marie Presley: Lifestyle and Vacation

Lifestyle

Lisa has gone through a lot of weight gain and loss in the last few years. However, the lovely lady can now be seen in her late forties in the best shape of her life.

Her father’s side of the family has a history of short life spans, which has always left the singer awestruck and perplexed about food consumption. Aside from that, Lisa faced major issues in maintaining her form due to a family history of obesity and diabetes.

However, now that she understands the importance of eating well and exercising regularly, Lisa has been rigorously adhering to these healthy habits, which have surely paid off handsomely for the sensational vocalist.

It makes her feel fantastic when she notices herself getting fit in her slender and favorite clothes, and the gorgeous feeling motivates her to keep going with her workout routine.

Diet Plan

The brunette is finally on board with a nutritious diet after being tempted to lose weight quickly in the past by succumbing to crash or fad diet plans. She was well aware that denying her body of food is not a gratifying technique to get a slim physique.

The gorgeous vocalist eats healthful foods that are a perfect combination of low-carb and organic foods. In her diet, she incorporates a variety of healthful and nutrient-dense foods such as vegetables, chicken, nuts, fish, fruits, almonds, fresh juices, milk, and so on.

Lisa tries to avoid foods that are harmful to her health, such as high-carbohydrate foods, gluten-containing foods, and dairy products.

These foods create inflammation in your gut and a surge in your blood sugar level since they don’t get along with your metabolism.

They not only create bodily problems, but they also make you vulnerable to depression and other mental illnesses if you consume them frequently.

She not only avoids certain items, but she carefully watches her portions. She doesn’t feel forced to finish the entire dish that has been placed in front of her.

Lisa consumes her foods slowly because she has learned the skill of keeping her hunger at bay by ingesting smaller portion sizes of foods. This makes her feel fuller sooner.

High-carbohydrate foods, such as white rice, white pasta, and bread cause her mind to wake up. Because our metabolism slows down at night, she avoids consuming these meals at that time of day.

Work Out Routine

The joyful singer is a firm believer in sticking to a strict workout schedule. Instead of doing strenuous workouts, Lisa opts for mild workouts like thirty minutes of brisk walking.

Walking is an excellent way to begin and prolong a cardio workout. The nicest aspect about a light workout like walking is that you won’t be tempted to go through the rest of your day without exercising.

The ease and simplicity of the workout tempt you to stick with it indefinitely. Aside from that, the workout is gentle on your knees and keeps your heart in good shape.

Green tea can help you lose weight in a major way if you include it in your diet. Green tea, an excellent antioxidant food, not only helps you maintain a healthy weight but also boosts your immune system and protects you from a variety of ailments.

It also promotes the growth of healthy cells and protects against cancer.

Vacation

Elvis’s granddaughter, mother, and friends enjoy the summer weather in hilarious and charming images with stunning landscapes from Hawaii.

As the granddaughter of Elvis Presley, Riley Keough was living a life identical to that of her mother, Lisa Marie Presley, who was famous from the day she was born.

She has become increasingly resemblant to her mother as she has grown older, to the point that they may be mistaken for twins.

Keough’s family has been going through a rough patch recently, with her mother dealing with financial troubles and the heartbreaking loss of her younger brother Benjamin.

Her family has found a ray of hope to keep moving forward through these trying times, and the photographs Keough shared show that things are looking up.

Elvis’s granddaughter, mother, and friends enjoy the summer weather in hilarious and charming images with stunning landscapes from Hawaii.

You might also be interested in Li Ka Shing’s Net Worth: Career & Charity.

Music

“To Whom It May Concern,” Lisa Marie Presley’s debut album, was released in 2003. In 2005, she followed up with “Now What.” Her second album charted well, just like her debut. “Storm & Grace,” her third album, was released in 2012.

Presley has collaborated with several high-profile performers, including Kylie Minogue, Michael Buble, and Coldplay, in addition to her solo work.

Book Publications

After multiple divorces and the loss of key persons in her life, Lisa faced difficult times. She added that she wrote the book “I’m Grateful to Be Alive” to share her story with the world and to help others who were going through similar difficulties.

Lisa’s addiction to opioids was the most difficult aspect of her recovery. It just needed a single doctor’s prescription for her to succumb to addiction.

Lisa went on to say that the book would benefit people who are addicted to various substances and are looking for help.

Collaborations

On May 22, 2003, Lisa teamed up with Pat Benatar for a concert at the MGM Grand Garden Arena in Las Vegas to benefit the VH1 Save the Music Foundation. She began to perform frequently at her won concerts on tours after that.

Along with other well-known performers such as Kylie Minogue, Coldplay, Michael Bublé, Carly Simon, and Bonnie Raitt, Presley recorded “Silent Night” in 2003. Sounds of the Season, an NBC holiday collection, was the inspiration for this piece.

Lisa Marie was also included in the documentary “Too Tough to Die: A Tribute to Johnny Ramone,” which pays tribute to the rocker, Johnny Ramone.

Lisa “duets” with her father on the single “In the Ghetto,” released in August 2007. Her father, Elvis Presley, was the first to release the song.

The video was the most popular on iTunes and at No. 16 on Billboard’s Bubbling Under Hot 100 songs chart. The song was written to memorialize her father’s passing, which occurred 30 years ago.

Lisa Marie stated that she decided to not only sing but to sing alongside him. “I wanted to put this to good use,” Presley explained. Lisa Marie has also performed the song with the Harlem Gospel Choir on The Oprah Winfrey Show, utilizing a video of her father.

Presley revealed that she was currently working on an album in London in an interview with Oprah Winfrey. She performed on stage in London with singer Richard Hawley in October 2009. Hawley is eager to assist Presley in resuming her singing career.

Lisa and Hawley have joined forces to form a collaboration in which Lisa writes the lyrics, and Hawley composes the music. In 2012, Presley worked on Storm & Grace with T-Bone Burnett, and he was really impressed with her.

Career

Lisa-Marie sang for the first time on the 20th anniversary of Elvis Presley’s death. She combined her and her father’s vocals on her father’s song “Don’t Cry Daddy,” she combined her and her father’s vocals.

Presley released her debut album, ‘The Whom It May Concern,’ in 2003. The album was well-received, and it debuted at number five on the Billboard 200 chart. She started working on her next album after releasing her first.

Her second album, titled “Now What,” was released in 2005. Her following album, ‘Storm & Grace,’ was released a few years later. This album became one of her finest, selling over 9000 copies in its first week.

The album has 11 tracks and debuted at number 21 on the Billboard Rock chart in the United States.

Charity

Presley Charitable Foundation

It is alarming that some locations do not have enough homes for inhabitants, resulting in an influx of homeless families. The Presley Charitable Foundation saw the need to assist those who cannot afford to buy a home.

Lisa founded the foundation in August of 2007. The main goal is to keep people from becoming homeless again by providing rent-free accommodation, financial counseling, child daycare, and other services.

The Presley Place-New Orleans was founded by the charity and has since become a shelter for homeless families.

The Dream Factory

A situation may appear to be scary in life, and all you need is someone’s support and assistance. The goal of the Dream Factory program was to improve the lives of persons who have faced difficulties in their lives.

It also reaches out to children and young adults who are disabled.

Presley Place

Presley Place is a 12-unit housing development that was built in 2001. Elvis Presley Charitable Institution provides funding to the property.

The Presley Place in Memphis was built as a prototype for the Presley Place in New Orleans. The shelter provides a safe haven for homeless families until they can establish their own lives.

Citizens Commission on Human Rights (CCHR)

It is critical to safeguard the next generation against dangerous exposure and abusive activities. The CCHR is a non-profit organization whose mission is to protect people from abusive activities by enacting over 150 legislation.

It also has a sibling group called “Fight For Kids,” which focuses on parent education. Fans of Elvis Presley are still perplexed as to why Lisa is in such a financial bind following her father’s massive inheritance.

One undeniable fact is that Lisa Marie Presley’s father, Elvis Presley, is her principal source of income. Elvis Presley was ranked number two on Forbes’ list of the highest-paid dead celebrities in 2018.

Despite Elvis Presley’s illustrious legacy, Lisa Marie Presley’s net worth has plummeted. On the other hand, Lisa believes that she will reclaim her attractive financial situation at some point.

3 Interesting Facts About Lisa Marie Presley

• Dads that give their daughters nicknames are, without a doubt, the cutest individuals on the planet. Elvis Presley gave Lisa Marie several nicknames. Yisa, Injun, Sweetcheeks, and Buttonhead were among them.
• Lisa Marie Presley has crossed paths with a slew of well-known musicians. She has starred in Michael Jackson’s “You Are Not Alone” music video and collaborated with musicians such as George Michael.
• Lisa Marie isn’t going anywhere, despite her advanced age. She holds a black belt in karate and trained with Billy Blanks, a skilled personal trainer. Given that her father was also a black belt, it’s no surprise that Lisa was drawn to martial arts.

FAQS

Did Michael Jackson and Lisa Marie have a romantic relationship?

Lisa Marie stated that their love was deep and that it was the best Michael had ever felt in a relationship. She added, “He fell in love with me, and I fell in love with him, and it was very true.” They were so entangled in their romance that they couldn’t quit it for years after their divorce in 1997.

Does Lisa Marie Presley get royalties?

Lisa Marie is not entitled to any of her father’s music royalties.

They divided $5.4 million, which is around $31.5 million in today’s money. As a result, Lisa Marie is not entitled to any royalties from sales of recordings recorded prior to 1973, when the contract was signed. On the other hand, Elvis Presley Enterprises owns the balance of the revenues (EPE).

How much money does Lisa Marie Presley owe?

Lisa Marie’s debt became public knowledge when she filed for divorce from her fourth husband, Michael Lockwood, in 2018; court records indicated she had -$16 million in debt, with total cash assets of less than $20,000 and a stunning $500,000 in credit card debt (according to People).

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