Lisa Marie Presley, the daughter of Elvis Presley, died on January 12, 2023, at the age of 54 and left the legacy of “Rock and Roll” behind. However, being the only heir of Elvis and Priscilla Presley and her rocky financial journey, people have always been intrigued by Lisa Marie Presley net worth. Or how much she inherited from her grandfather and late grandfather?
Well, if you are here for the same reason, then your search ends over here. In this comprehensive blog about Lisa Marie Presley, we will shed light on the ABCs of the singer and songwriter, including her education, personal life, net worth, Lisa Marie Presley estate value, and who inherits Lisa Marie Presley’s net worth after her death.
So, without further ado, let’s dive into them.
Lisa Marie Presley: Brief Bio
| Full Name | Lisa Marie Presley |
| Date of Birth | 1st February, 1968 |
| Died | 12th January, 2023 (Aged 54), Calabasas, California, U.S. |
| Resting Place | Graceland, Memphis |
| Occupations | Singer, Songwriter |
| Years Active | 1997, 2003-2023 |
| Parents | Elvis Presley, Priscilla Presley |
| Spouses | Danny Keough (1988-1994), Michael Jackson (1994-1996), Nicolas Cage (2002-2004), Michael Lockwood (2006-2021) |
| Children | 4 |
Lisa Marie Presley Childhood
Lisa Marie Presley was the only daughter of Elvis Presley (Lisa Marie’s father) and Priscilla Presley (Lisa Marie’s mother) and was born on February 1, 1968, at Baptist Memorial Hospital in Memphis.
She was four when her parents got divorced. After that, she started living with her mother in Los Angeles and often used to stay at her father’s residence, Graceland, in Memphis. But sadly, her father died of cardiac arrest when she was merely nine years old.
At the same time, Lisa Marie became the joint heir of Graceland with her grandfather and great-grandmother. Lisa Marie Presley became Elvis’s sole heir at the age of 25 after the demise of her grandparents and inherited the Graceland estate, worth around $100 million. However, Lisa sold 85% of her father’s estate in 2004.
Lia Marie Presley’s Professional Career
The daughter of the rock and roll king has left a musical legacy for all Americans in such a short amount of time. In fact, she even said, “This record is me,” during a 2003 recording session before the publication of her debut LP, To Whom It May Concern.
Lisa Presley steadily accumulated a discography of songs throughout the years, including a posthumous collaboration with her late father shared in 1997 in Don’t Cry Daddy and three other music albums.
Want to download your Hollywood songs for free? Then, check out these best Android apps to download Hollywood songs in your spare time.
After her father passed away in 1977, Presley remembered seeing Queen at The Forum in 1978 or 1979, which was her very first rock concert. She was carrying her dad’s scarf for singer Freddie Mercury at the moment. I adored it. I cherished the dramatics. She further said, loved Freddie more than anything else in the world. Queen was fantastic, in my opinion. I love good theatrics.
She also revealed to the publication how much Pink Floyd’s music influenced her growing up, citing The Wall as a favorite song that she listened to frequently. I enjoy real, dark, and thought-provoking music.
During her career from 2003 to 2018, she released three acclaimed and everlastingly impactful music albums. This includes her debut album To Whom It May Concern in 2003, which reached number 5 on the Billboard 200 albums chart; Now What in 2005, which again made it to number 9 on the Billboard 200 albums chart; and Storm & Grace in 2012. The latter album was even a tribute from Lisa Marie Presley to her son Benjamin Keough.
Lisa Marie Presley’s Marriages
Lisa Marie Presley and Michael Jackson wedding
The duet shocked the world with their wedding surprise, held at a private place on the outskirts of the US in 1994. The King of Pop and Elvis Presley’s Lisa daughter had a brief encounter at a Las Vegas show in the 1970s, but they didn’t really get to know one another until they went to dinner in Los Angeles with an old buddy almost twenty years later. She had been married to Danny Keough at the time of their get-together, and the two of them had Riley and Benjamin as children.
Although Jackson and Presley spoke on the phone for hours and hours and even became very close friends, their romance did not immediately take off. The “Thriller” artist was then strongly charged with sexually harassing a thirteen-year-old kid named Jordan Chandler in the summer of 1993, a claim he vigorously rejected. During the course of the probe, he reached out to Lisa for comfort, and sometime later that same year, he called her to propose.
However, this marriage didn’t go well, and the couple got divorced in 1996. And they continued to remain friends until Michael passed away in 2009.
Learn about whose other celebrities’ marriages ended in shocking divorces.
Her three and half months marriage to Nicholas Cage
Actor Nicholas Cage and Lisa Marie struck up a romantic relationship in 2002, shortly after Lisa Marie had called off her nuptials to singer John Oszajca.
The couple’s marriage was notoriously sporadic, as Cage filed for separation after just 107 days of marriage.
When Lisa discussed the connection with the Hollywood star with Larry King in 2003, she said, it sounded appealing to me, like I could be equal in importance.
We were coming from similar circumstances with alike backgrounds. So, we get connected instantly. The ship would only sink down if one of us would pirate another. Well, that is pretty much evident to all of us.
The harsh divorce of Lisa Marie Presley and Michael Lockwood
You all must be curious to know how Lisa Marie Presley and Michael Lockwood met. The guitarist was employed by the Memphis-born heiress as her musical director in 2004 for a weekly salary of $3,500, and the two began their relationship while working on her song “Now What?”.
Don’t forget to check out these best romantic dinner date night ideas at home.
The couple then soon tied the knot in 2006. Despite their significant inherited differences—Lisa was coming up with the $62 million fortune and Michael only had $3000, they fell immensely in love. They even had twin girls named Finley and Harper.
All of us believed that this would endure indefinitely. Unfortunately, the marriage, which lasted for ten years until it ended in 2016, would turn out to be her longest yet.
Michael sued his wife for a large chunk of Lisa Marie’s money, even though they had a solid prenuptial agreement. He claimed he hadn’t studied the agreement carefully when they got married and had been given improper advice by his lawyers.
After two years of arduous litigation, Lisa Marie was ultimately declared the winner in 2018. Michael continued to be nearly impoverished while her wealth was safeguarded.
The tragic death of Lisa Marie’s son Benjamin Keough
The greatest nightmare any mother could have! It goes without saying that Lisa Marie’s life is a prime example of one.
As per TMZ reports, Benjamin Keough, Lisa Marie’s son from her initial marriage to Danny Keough, passed away in California on Sunday, July 12, at the age of 27, from a self-imposed gunshot injury.
Benjamin led a modest existence despite being a musician and having multiple acting credentials. He was especially well-known for having a striking likeness to Elvis Presley, his late grandfather. Lisa Marie even claimed that he was the silent storm behind the curtain while he was at the opera.
Does Lisa Marie Presley have a negative net worth?
Like her father, the American singer and songwriter Lisa Presley was also not one of the highest-paid entertainers in the industry and even had a negative bank balance at her passing. According to Celebrity Net Worth, Lisa Marie Presley had a net worth of minus $10 million at the moment of her death due to her unpaid income tax bills from 2012- 2015.
Got some spare time? Do check out the Elizabeth Gillies Net Worth and everything about her.
Lisa Marie Presley lawsuit against her manager
As per the court records obtained by The Blast, Lisa Marie sued Barry Siegel, her former manager, in 2018 for what she claimed was careless and incompetent mismanagement of her $100 million inheritance, leaving her with barely $14,000.
In response to the lawsuit, Siegel stated that Lisa Marie’s extravagant purchasing was the reason for the low sum. In addition, he threatened to sue Lisa Marie for $800,000 for failing to pay.
According to court filings, Siegel stated that Lisa Marie’s 2005 agreement, brokered by him, to sell eighty-five percent of her stake in Elvis Presley Enterprises paid off more than $20 million in debt and gave her a multimillion-dollar source of earnings. However, Lisa Marie asserted that the arrangement cost her millions because she later invested in Core Entertainment, the American Idol production firm that filed for bankruptcy in 2016.
This whole lawsuit against her former manager, Siegel, came when she was divorcing her fourth husband, Michael Lockwood. According to the court documents collected by People, Lisa Marie stated that her debt was $16.7 million, stemming from unpaid income taxes, a mortgage that had fallen behind, and credit card debt.
How did Lisa Marie Presley die?
Lisa Marie passed away on January 12, 2023, at the age of 54. Confirming her death and expressing her sincere sympathies, her mother said, “It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us”. I had never known a more caring, devoted, and powerful woman than her. We kindly request privacy while we work through this significant loss.
Lisa Marie Presley’s cause of death
Just a few hours before Lisa Marie passed away, Elvis’s daughter went into cardiac arrest and was taken to the hospital immediately. Lisa’s housekeeper discovered her unconscious in her bedroom. EMTs were called to her Calabasas, California, residence on the 5900 area of Normandy Drive.
Danny Keough, Lisa Marie’s ex-husband, was also there and gave her CPR until emergency personnel reached and took over from there. Lisa Marie was taken to a nearby hospital for prompt medical assistance by the paramedics when they noticed signs of life in her. But sadly, within the short duration of medical treatment, Lisa Marie Presley passed away.
Why did Priscilla Presley file against Lisa Marie’s trust will?
The musician Lisa Marie first created her trust in 1993. In 2016, she made two of her children, Riley and Benjamin Keough, co-trustees, taking the place of Barry and her mother, Priscilla Presley. Benjamin passed away tragically in 2020, leaving Riley as the only heir.
Just a few days after her daughter’s funeral, Priscilla filed a request to challenge Lisa Marie’s will, citing concerns about its reliability and legitimacy. Priscilla especially mentioned elements in the legal amendment, stating that she had no idea of the 2016 alteration and that Lisa Marie’s sign was “inconsistent.”
Lisa Marie’s friends expressed their disapproval of Priscilla’s court case, calling it merely nothing more than a “monetary gain grab.” As of publishing, the outcome of her contest is yet unknown.
Wrapping-up
So, that is all about the controversial life and net worth of Lisa Marie Presley. We hope our blog serves your questions well.
Read related articles:
Anna Gunn Net Worth, a bold American actress and voice over artist.
Kai Cenat Net Worth, a famous YouTuber, Gamer, and Twitcher.
If you have another celebrity whom you are curious about, let us know in the comments section below. We will cover it in our next blog.
Having said that, we are taking a leave now. Happy reading!
