After Elvis died, Colonel Tom Parker continued managing his estate, licensing his image for profit while battling gambling debts, which led to lawsuits from the Presley family, and he eventually died in 1997 from a stroke in Las Vegas, leaving a controversial legacy as both a shrewd manager and exploitative figure.
Parker's final years were spent living in Las Vegas, in declining health, until his death in 1997.
Elvis Presley never toured outside the United States. That was because he wouldn't travel without his controlling manager, Colonel Tom Parker. But Tom Parker didn't have a passport, so he couldn't travel outside the US. Tom Parker was a Dutch national who had entered the United States illegally.
Tom is survived by his widow Kelsey and two children Aurelia and Bodhi. Tom Parker died from his cancer without writing a will leaving his widow Kelsey with £70,000. The Wanted frontman passed away last March at the age of 33 following a gruelling battle with terminal brain cancer glioblastoma.
By the time of Elvis' death, the Colonel was said to owe the Hilton Hotel group around $30 million in gambling debts. After his own death, the Colonel's estate was worth barely $1 million, despite most estimates putting Parker's earnings during his lifetime as being in excess of $100 million.
At the time of his death, the King of Rock and Roll was in debt. He had a net worth of $US5 million ($A7. 7 million), but owed the Internal Revenue Service (IRS) double that amount. The singer's ex-wife, Priscilla Presley, shared her struggle to retain Graceland.
At the time of his death in 2009, Michael Jackson was reportedly over $500 million in debt, but his estate has since become immensely profitable, earning billions through music, merchandise, and posthumous projects, making him the highest-earning deceased celebrity. Key assets, like his 50% stake in the Sony/ATV music catalog, were leveraged, but sales of this catalog alone later generated huge returns for his heirs.
Max George breaks down over Tom Parker death: 'He was my best friend' - IMDb. Max George has publicly shared his grief after the death of his friend and fellow The Wanted singer Tom Parker.
Priscilla Presley attended the funeral to represent the Elvis Presley Estate and gave a eulogy that, to many in the room, summed up Parker: "Elvis and the Colonel made history together, and the world is richer, better and far more interesting because of their collaboration.
Lisa Marie Presley Net Worth
Shockingly, Presley's net worth was estimated to be negative-$10 million at the time of her death, according to Celebrity Net Worth. Upon Elvis' death, she became the sole heir to his estate and officially inherited it on her 25 th birthday.
Nick explained. “Usually you pass it all in two or three days, but at the autopsy we found stool in his colon which had been there for five months or more because of the poor motility of the bowel.”
Dolly Parton said no to Elvis Presley recording "I Will Always Love You" because his manager, Colonel Tom Parker, demanded half of the publishing rights, which Parton refused to give up, as she wanted to keep ownership and the future earnings for her family. Despite her heartbreak at the missed opportunity, she held firm to her business principle, understanding that retaining the copyright was crucial for her financial security and legacy, a decision that paid off immensely after Whitney Houston's cover became a global phenomenon.
During 2020, Tom, from boyband The Wanted, began to feel unwell but he couldn't put his finger on what was wrong. Then, whilst on a family holiday in Norfolk, he had a seizure. The paramedics came and checked him over.
According to that critique, he exploited Presley with deals that benefited Parker as much as his client; by the 1970s, Parker was taking a 50 percent commission on most of Presley's earnings.
Parker's bandmates Jay McGuiness, Max George, Siva Kaneswaran and Nathan Sykes carried his coffin into the church as the poignant Champagne Supernova by Oasis played over the speakers. Parker's brother Lewis, his wife Kelsey and his bandmates were among those who shared memories or did readings during the service.
The Wanted singer Tom died of brain cancer at 33, leaving Kelsey as a solo mum to their two children, Aurelia, now five, and Bodhi, four.
How Much Money Did Priscilla Presley Get in Her Divorce From Elvis Presley? After her 1973 divorce from Elvis, Priscilla received a one-time payment of $725,000 and five percent of Elvis' royalties. She also received spousal support and child support for their late daughter, Lisa Marie Presley.
Fun Fact: Oprah Winfrey and Elvis Presley are distant cousins. Oprah's grandmother's last name is Presley.
The most expensive funeral in history is said to be that of Alexander the Great. Taking two years to plan, the King's body was preserved in honey while the golden casket and funeral carriage that would carry his body from Babylon to Macedonia were built.
On June 22, Kelsey announced on Instagram that the Phoenix Parker-Lindsay was "born sleeping." The loss of her third child came more than three years after Tom died at age 33 in March 2022. And now, she's finding new meaning in a tattoo she got following her late husband's death.
This could highlight a new potential treatment for glioblastoma patients. The sad news of the death of Tom Parker has highlighted the huge task facing researchers in tackling glioblastoma.
In 2019, Parker Bowles started dating former journalist Alice Procope (née Horton), the granddaughter of the 2nd Viscount Ingleby and estranged wife of Robert Procope, grandson of Sir Robert Wigram, 8th Baronet.
As of December 2025, six music artists have reached the billionaire status on Forbes reports: Jay-Z leading the list with $2.5 billion, Taylor Swift—the richest female musician—and then Rihanna, the first female artist to become a billionaire.
Paris Jackson has received approximately $65 million in benefits from her late father Michael Jackson's estate, a figure revealed during her ongoing legal dispute with the estate's executors over transparency and management fees. While she's received substantial funds, Paris has challenged the executors, questioning large bonuses paid to law firms and alleging a lack of transparency, leading to court filings where she seeks more open accounting of the vast fortune.
According to Finance Monthly, Prince was worth somewhere between $200 and $300 million at the time of his death. Unlike many of his peers, Prince had control of his masters and was consequently able to maintain the rights to his music.