At the time of Elvis' death in 1977, his estate was worth about $5 million (roughly $25.4 million in today's dollars). Lisa Marie Presley inherited her father's estate when she turned 25 years old in 1993.
A majority of this money comes in through Graceland, which earns around $10 million annually during a typical year. All in all, the Presley estate is worth anywhere between $400 to $500 million as of 2020, according to a Presley estate executive cited in a report by Rolling Stone.
In 1983, during her 25th birthday, Lisa Marie finally inherited her father's entire estate, which had grown to about $100 million.
Prior to her death, she was worth $16 million.
The iconic Memphis home of Elvis Presley, which had been willed to his daughter Lisa Marie Presley — who died Jan. 12 at the age of 54 — will now go to Presley's three surviving children: elder daughter Riley Keough, 33, and twins Harper and Finley Lockwood, 14. Lisa Marie Presley's son, Benjamin Keough, died in 2020.
After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Keough and Harper and Finley Lockwood, a representative for Graceland confirmed to People. Lisa Marie shared Riley with her ex-husband, Danny Keough, whom she divorced in 1994.
Among those who participated in the public memorial service at Elvis Presley's mansion in Memphis, Tenn., were musicians Billy Corgan, Alanis Morissette and Axl Rose, as well as Priscilla Presley.
Following Elvis's death, he left Lisa Marie ownership of the Graceland estate through a trust fund set up in her benefit. That trust dissolved when she turned 25 in 1993, giving her full ownership of the property, which now hosts popular public tours and sits next to museums honoring Elvis's life and career.
Sony Entertainment owns the rights to all pre-1970 recordings of Elvis Presley, whereas RCA Records (owned by RCA) owns the rights to all prior recordings. The majority of Elvis Presley's estate is owned by his daughter, Lisa Marie, but a deal was made before he died that diverted all royalties from his music.
Whenever he ran into financial trouble he would approach his manager to negotiate a deal on his behalf. These deals generated a lot of money. Elvis would get $130,000 for a one night performance, he could received $1million for a movie deal and $250,000 to do a recording session.
After the home was opened to the public in 1982, the second floor was sealed shut out of respect to the family — and also to avoid any macabre attention at the scene of his death.
Priscilla Presley has a net worth of $50 million dollars thanks to her work as an actress and businesswoman after her marriage to Elvis Presley around 50 years ago.
Priscilla Presley inherited a third of Elvis' estate when he died. She has since remarried and is now worth an estimated $150 million. Lisa Marie Presley, Elvis' only child, inherited the remaining two-thirds of her father's estate. She is now worth an estimated $300 million.
But in 2004, she agreed to sell off 85% of Elvis Presley Enterprises' assets, including Elvis' likeness rights, for around $100 million to music entrepreneur Robert F.X. Sillerman and his company CKX Inc. Lisa Marie Presley retained 15% ownership in Elvis Presley Enterprises.
The estate was estimated to be worth between $400 to $500 million in 2020 according to Rolling Stone. The King's daughter vowed never to sell the estate despite rumors to the contrary: “Graceland was given to me and will always be mine. And then passed to my children. It will never be sold.”
The family opened the iconic landmark to the public in 1982, and it quickly became one of the most famous homes in the United States, welcoming more than 500,000 visitors each year. But what happens to Graceland now? It's been confirmed that Graceland will stay in the Presley family.
Elvis Presley's iconic Graceland mansion will stay in the family after the death of his only child, Lisa Marie Presley. The 54-year-old singer died last week after suffering a cardiac arrest. Presley's three daughters, Riley, Harper and Finley, will inherit the Tennessee estate, according to a representative.
EPE also still holds the publishing rights to all of the songs recorded by Elvis, which equals around 700, as they were part owned by Elvis through his various publishing companies. The publisher's royalties to his songs, therefore, are still earned by the EPE, as these were not sold to RCA.
According to People magazine, the battered jet, which had been parked at the Roswell International Air Center in New Mexico, sold at auction on Jan 8 — which would have been Presley's 88th birthday. Presley bought the jet, which seats up to nine, on Dec. 22, 1976, for $840,000.
The documents outline how the estate will be split between Lisa Marie's family members and specify that Priscilla will be buried at Graceland as near as possible to Elvis, her ex-husband.
Priscilla appears to not understand the depths of what Walter was implying — that she was groomed. She said that she was rebellious and Elvis was “charming” and really won over the likes of her parents, even if it meant missing days of school to travel and see him.
Elvis was buried at his beloved Graceland estate upon his death in 1977, and his grave sits beside those of his mother Gladys and father Vernon. Lisa Marie Presley, his only child, is also buried at Graceland, beside her son Benjamin Keough, who died in 2020.