Elvis Presley
reached stellar levels of fame during his 42-year lifespan, with about 20 years spent in the limelight.
The artist behind “A Little Less Conversation” originated from modest roots, specifically a
two-room wooden home
In Tupelo, Mississippi, where his father Vernon Presley constructed the house himself, Elvis later experienced loss three years after his birth when Vernon was convicted of forging a check. As a result, Vernon served an eight-month jail sentence.
However, at the age of 20, the
Blue Hawaii
The actor started his journey with Sun Records back in 1953, and according to his estate’s website, an astonishing billion of his records have been sold across the globe.
Elvis’ net worth
Nevertheless, Elvis was not exactly swimming in wealth, and the complexities surrounding both his career and financial situation due to the poor management by his manager, Colonel Thomas Andrew Parker, are highlighted in the 2022 work.
Baz Luhrmann
biopic starring
Austin Butler.
Until his passing in 1977 at the age of 42, Elvis was said to have a net worth of about $5 million, equivalent to roughly $20 million today. Nevertheless, his estate is now valued at nearly $500 million, with revenues from this significantly benefiting his former wife.
Priscilla Presley
and their granddaughter
Riley Keough’s
net worths.
Elvis’ estate and Graceland
One of the most notable aspects of Elvis’ estate is Graceland, his former home.
famed Tennessee estate
In 1957, when he was 22 years old, he bought it for $100,000, and now it brings in millions of dollars annually. Priscilla relocated to this famous estate in 1963 at the age of 18.
After five years following Elvis’ passing, Priscilla took the lead in deciding to make Graceland accessible to visitors, transforming it into one of America’s premier attractions for tourists. This move was instrumental in rescuing the Presley family from severe economic hardship; maintaining the estate as a personal abode cost around $500,000 each year, an expense that severely strained both Priscilla and her deceased husband’s finances.
Lisa Marie’s
fortune.
Currently, it apparently rakes in more than $10 million each year, and an executive from Presley’s team mentioned
Rolling Stone
In 2020, the estate’s value exceeds $500 million.
Priscilla and Riley’s total wealth
Following Lisa Marie’s passing in 2023, who was the daughter of Priscilla and Elvis, Priscilla and her granddaughter Riley experienced a short legal dispute concerning Lisa Marie’s estate. It was ultimately decided that Riley would serve as the exclusive trustee. Watch a retrospective video on Lisa Marie’s life below.
After taking over the Presley estate, Riley’s wealth supposedly increased dramatically from $5 million to $20 million.
In the meantime, Priscilla, who served as a co-trustee of the trust alongside Barry Siegel, Lisa Marie’s ex-business manager, from 2010 to 2016, reportedly boasts a net worth of $50 million.