Who Will inherit Graceland After Lisa Marie Presley's Death?
WRITTEN BY SUMI DEKA
Lisa Marie Presley was the daughter of Elvis Presley and Priscilla Presley. She passed away on January 12, 2023 from cardiac arrest and was 54 years old at the time of death.
Lisa became the heir of Graceland when she turned 25. She remained the owner until her death. Now the new heir could be her three children which include her daughters Harper, Finley and Riley.
According to the estate website, Lisa had full ownership over the entire estate along with her father’s personal items. It mentions that Elvis’ items are currently available for display to the public.
The estate price was reported to be $100 million when Lisa became the owner. In 2005, she sold 85% of it.
Lisa’s net worth was affected after she spent excessively for her personal maintenance. She had a lot of debts to repay prior to her death.
According to the court documents related to her divorce from Michael Lockwood, she had to pay $16 million in taxes, legal fees and credit card bills.
Lisa Marie Presley’s first album was a big hit and she released two more albums, Now What and Storm & Grace, in 2005 and 2012.
Lisa was also loved by the public for her hit singles like 'Sinking In', 'Idiot', 'You Ain’t Seen Nothing Yet' and more.