Most people who love the King of Rock and Roll are curious about the wealth of his ex-wife, Priscilla Presley.
Elvis and Priscilla married on May 1, 1967, after dating for several years. On February 1, 1968, the couple welcomed a daughter named Lisa Marie. She had an affair with her karate instructor, and he was having regular relationships with his co-stars, leading to their separation in 1972.
After the “All Shook Up” singer passed away, though, Priscilla managed his estate until their daughter was old enough to do it on her own.
On May 16, 2023, a settlement between Priscilla Presley and Lisa Marie’s estate was made after months of legal battle. TMZ reported that the settlement was worth several million dollars.
“All parties have reached a settlement and the families are happy,” Priscilla’s lawyer, Ronson J. Shamoun, told Entertainment Tonight. “They are very excited for the future.” Riley’s lawyer, Justin Gold, shared the same sentiment, telling the site, “Riley is very happy. She’s a remarkable woman and her future is bright.”
How much money does Priscilla Presley have today? Find out more by reading on.
Priscilla Presley Net Worth
American actress and entrepreneur Priscilla Presley is worth an estimated $50 million. In addition to her marriage to Elvis Presley, Priscilla Presley is well-known for her appearances in the “The Naked Gun” film trilogy and the TV series “Dallas.”
Elvis Presley Enterprises was started by Priscilla in 1981, and she operated it until the late 1980s. In 1985, Presley’s autobiography, “Elvis and Me: The True Story of the Love Between Priscilla Presley and the King of Rock ‘n’ Roll,” was a “New York Times” bestseller.
Lisa Marie Presley Sold 85% of Elvis Presley Enterprises in 2005 for $100 Million
Lisa Marie Presley, Elvis’s daughter with Priscilla, inherited his entire fortune after his death in 1977, at the age of 44. The estate that Elvis left behind was only worth $1 million when he passed away, unfortunately. When Lisa turned 25, she became the sole owner of his estate. By that time, the value of the estate had increased to $100 million.
Lisa received a one-time payment of $100 million in 2005 after selling 85% of Elvis Presley Enterprises. She never lost any of her original ownership of the Graceland estate.
Lisa Marie, who was 54 years old, passed away unexpectedly in January of 2023. In 2016, she revised her will to name only her two eldest children, Benjamin and Riley Keough, as trustees and remove her mother from the equation entirely.
After Lisa Marie’s untimely passing in 2020, Riley was left in charge of the trust as the sole beneficiary due to Benjamin’s suicide. Due to Lisa Marie’s relationship with Michael Lockwood, Riley is the half-sibling of a set of identical twins. Those twins, who were minors when Lisa Marie died, will also have a stake in Elvis’s fortune when they come of age.
Priscilla made a brief effort to prevent Riley from inheriting all of Lisa Marie’s property. Priscilla claimed in her appeal that Lisa Marie’s signature looked substantially different from earlier signatures and that her own name was misspelled at least once in the 2016 revision of the will.
The matter was resolved amicably between Riley and Priscilla, with Priscilla apparently receiving a portion of Lisa Marie’s $35 million life insurance payouts.
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Priscilla Presley Profits $13 Million on Beverly Hills Mansion Sale
In 1976, Presley spent $170,000 on a home for her parents in Los Angeles; she sold the property this year for $3.9 million.
She lived in a Beverly Hills mansion that was seven thousand square feet in size for many years. Soon after her separation from Elvis, she moved into the house. Priscilla put her Beverly Hills mansion on the market in August of 2020 for a whopping $16 million. She made a profit of $13 million by the year 2020 when she sold the house.
She bought a penthouse for a little under $5 million in Century City, California, in January 2021.
Riley Keough was appointed trust controller of Elvis’ Graceland residence and handed fifteen percent ownership of the late singer’s assets after Lisa Marie Presley’s death in January 2023. According to rumors, this set off Priscilla’s anger and led to a fight over a trust fund worth $35 million. However, in a recent interview, Priscilla Presley said that the whole legal feud drama is “a bunch of BS.”
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