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Lisa Marie Presley Net Worth: Does Lisa Marie Presley Have a Negative Net Worth?

Lisa Marie Presley is a well-known American singer and composer. She is also the only child of her parents, Priscilla Presley and Elvis Presley. Lisa Marie Presley was born in 1977. To Whom It May Concern (2003), Now What (2005), and Storm & Grace (2007) are the three albums that bear her name as the artist (2012).

Her album, titled To Whom It May Concern, was released in 2003, and the Recording Industry Association of America has awarded it with the gold certification.

In addition to releasing albums, she has also released a variety of singles, some of which feature Elvis Presley on duets using tunes that he had previously recorded and published before his untimely death.

Find out everything you need to know about the American singer Lisa Marie Presley, including her career and net worth, as well as some interesting facts about her.

Lisa Marie Presley’s Early Life

Lisa Marie Presley was born on February 1, 1968, nine months to the day after her parents got married. She was born at Baptist Memorial Hospital-Memphis in midtown Memphis, Tennessee. After her parents got  divorce, she lived with her mother in Los Angeles, California, and often visited her father at Graceland in Memphis, Tennessee.

When her father died in August 1977, Presley and her grandfather, Vernon Presley, and great-grandmother, Minnie Mae Hood Presley, all got a share of his estate. Vernon died in 1979, and Minnie Mae died in 1980. After that, she was the only heir and got Graceland.

In 1993, when she turned 25, she got the estate, which was worth about $100 million at the time. In 2004, Presley sold 85% of what had belonged to her father.

lisa marie presley networth

In the late 1970s, about a year or two after her father died, she went to see Queen at The Forum in Inglewood, California. It was her first rock show. After the show, she gave Freddie Mercury a scarf that belonged to her father and told him how much she liked theatre.

When she was four years old, her parents split up. When Lisa was nine, her father died. Her mother started dating actor Michael Edwards not long after her father died. Edwards allegedly abused Lisa Marie sexually when she was between 12 and 15 years old. In a 2003 interview with Playboy magazine, Presley said that Edwards would often come into her private room while drunk and act inappropriately.

Lisa Marie’s Music Career

In 2003, Lisa published her first album, which went on to earn a gold certification and peak at number 5 on the Billboard 200 albums chart.

Now What, her second album, was released on April 5, 2005, and it reached its highest position on the Billboard 200 chart at number nine.

Storm & Grace, her third studio album, was released on May 15, 2012 and was produced by T Bone Burnett, who has won both a Grammy and an Academy Award.

Each of her albums was met with widespread acclaim from fans and music critics alike.

Lisa Marie recorded a “duet” with Elvis Presley for one of his most well-known songs, “In the Ghetto,” on the occasion of the thirty year anniversary of the singer’s passing.

She also had an appearance in the music video for “You Are Not Alone,” which was performed by her ex-husband Michael Jackson.

In addition, Lisa Marie has collaborated with a number of well-known musicians in the music industry, such as George Michael, Pat Benatar, and Richard Hawley.

The amount of money owned by Lisa Marie Presley.
It is estimated that Lisa Marie has a net worth somewhere in the vicinity of $10 million.

Lisa Marie’sNet Worth

According to  filmysiyappa.com she was in the negative by $10 million, had total cash assets of less than $20,000, and had a startling $500,000 in credit card debt. The only heir to Elvis Presley’s inheritance unquestionably suffered an unbelievable financial loss.

Graceland Estate

Lisa Marie was only nine years old when Elvis died in 1977, but his will said that she would get his property when she turned 25. This included Graceland, his 13.8-acre (5.6-hectare) estate in Memphis, Tennessee, where he grew up. At the time, Graceland was a grand mansion with lots of weird features, like the famous “jungle room.” However, Elvis had left it broke and in need of investment.

In the years that followed, Lisa Marie’s mother, Priscilla, stepped in to help bring back the late star’s legacy. She did this by starting Elvis Presley Enterprises, or EPE, which helped turn Graceland into a tourist attraction.

She also took care of Elvis’s merchandise, image deals, and royalties from his recorded songs. At the time of his death, The King was said to be worth only $5 million, but his estate was said to be worth over $100 million by 1993.

But even though everything seemed fine when the empire was given to Lisa Marie that year, things started to go wrong after she hired Barry Siegel to run the estate a year later.

Lisa Marie’s Personal Life

In 1988, Lisa Marie and Danny Keough got married, but they later divorced the following year in 1994. They are parents of a son named Benjamin Storm Keough as well as a girl named Riley Kough.

The following year, in 1994, she wed Michael Jackson, however the couple later split due to a number of disagreements in 1996.

Even her marriage to Nicolas Cage, which took place in 2002, did not continue for a very long time, and the couple separated the following year, in 2004.lisa marie presley networthIn spite of the fact that she had to contend with a great deal of difficulty in her romantic relationships, she did not give up hope and, in 2006, she wed Michael Lockwood.

The couple is the proud parents of a set of identical twin girls named Finely Aaron Love Lockwood and Harper Vivienne Ann Lockwood. They divorced in 2021 after being married for a number of years but remained together for a while.

Lisa Keough’s son, Benjamin Keough, passed away in the year 2020, and she just revealed in an interview that she was utterly heartbroken by the news.

Awards and Achievements

A day of appreciation in honour of Presley’s philanthropic work was declared by Tennessee Governor Bill Haslam on June 24, 2011, the same day that Presley was formally honoured for her charitable work.  After those two days had passed, the Mayor of New Orleans, Mitchell J. Landrieu, presented her with a Certificate of Proclamation in order to honour her commitment to the city as well as the contributions that she had made to it.

The following was written in a proclamation that was sent to us by the City of Memphis on June 28, 2011:

“Lisa Marie Presley is a humanitarian and philanthropist who continues to concentrate her efforts on Memphis, the city that she grew up in and continues to adore.” She has helped to alleviate homelessness, boost literacy rates, and raise money for local charities and organisation thanks to the efforts and time she has put in. She brings attention to Memphis and continues to demonstrate what one person can accomplish when they set their mind to it by setting an example for others.

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“Now, Therefore, I, A.C. Wharton, Jr., Mayor of Memphis, Tennessee, do now recognise the lifelong service of this illustrious humanitarian and philanthropist,” Mayor Wharton said in the proclamation.

Facts About Lisa

1. Elvis loved her daughter and gave her many adorable and hilarious nicknames throughout her life, including “Sweetcheeks,” “Yisa,” “Buttonhead,” and “Injun.” 2. Lisa Marie was born in Memphis, Tennessee.

2. She is a generous person who has a heart of gold and is a philanthropist. She is responsible for managing the Elvis Presley Charitable Foundation and makes frequent trips to visit those in need at hospitals and orphanages.

3. She has participated in training with a professional instructor because she is interested in the martial arts. He has achieved the rank of black belt in karate.

4. Because Elvis enjoyed flying so much, the pilot of his personal plane was given the moniker Lisa Marie by the King. Despite the fact that it is no longer in active service, the aeroplane continues to serve as a popular draw for visitors to Graceland.

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5. She has always had a strong interest in music, and the most of her CDs have been commercially successful.

Lisa Marie Presley is skilled and kind-hearted, we hope she releases many more wonderful albums, and inspires the world via her music.

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