Category | Singer, Songwriter |
---|---|
Net Worth | -$16 million |
Salary | Varies per project |
Date of Birth | February 1, 1968 |
Place of Birth | Memphis, Tennessee, USA |
Gender | Female |
Height | 5’3″ / 160cm |
Known for | Music, Heir to Elvis Presley’s Estate |
Country | United States |
This article delves into the financial journey of Lisa Marie Presley, the only child of music icon Elvis Presley. It provides insights into her career, personal life, and the challenges that have shaped her net worth.
Early life
Lisa Marie Presley was born on February 1, 1968, in Memphis, Tennessee. As the only child of Elvis and Priscilla Presley, Lisa was born into fame and wealth.
Career starting point
Presley started her career in music in the late 1990s. Her debut album, “To Whom It May Concern,” was released in 2003 and reached No. 5 on the Billboard 200 albums chart.
Finances
Despite being the heir to the fortune of her father, Elvis Presley, Lisa Marie Presley’s net worth stood at -$16 million as of my last update in September 2021. Her negative net worth comes from years of financial mismanagement and legal battles. She earns an income from her music career, although this varies from project to project.
Personal life
Lisa has been married four times, including to Michael Jackson and Nicolas Cage. She has four children. Despite her financial troubles, Presley strives to maintain a focus on her family and personal life.
Nowadays activities
Presley is currently less active in the music scene but continues to deal with legal issues related to her financial troubles. She also remains involved with the management of Graceland, the Presley family estate.
Other assets
Presley once owned a number of properties, including a $6 million English Tudor-style house in Los Angeles and a $1.5 million home in Calabasas. However, her financial troubles have led to the sale of many of her assets. Graceland, Elvis Presley’s home, is one of the few properties she has retained an interest in, although it is largely run by a trust.