Lisa Marie Presley retains 100% sole personal ownership of Graceland Mansion itself and its over 13-acre original grounds and her father's personal effects - meaning costumes, wardrobe, awards, furniture, cars, etc.. She has made the mansion property and her father's personal effects permanently available for tours of ...
Elvis Presley's famous Graceland mansion in Memphis, Tennessee, is staying in the family following the death of his daughter. Lisa Marie Presley inherited the 13.8-acre, 23-room estate from her rock'n'roll legend father after he died in 1977, when she was nine.
After the death of Elvis Presley's daughter Lisa Marie on January 12, 2023, it was reported that her three daughters, Riley, Harper and Finley will inherit the Tennesse estate. The 54-year-old tragically suffered a cardiac arrest at her home in Calabasas, California.
After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Riley 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.
At just nine years old, Priscilla Presley became one of three heirs to her father's estate when Elvis Presley passed away in 1977. Three years later, after the passing of her grandfather, Vernon, and great-grandmother, Minnie, she became the sole heir.
Priscilla Presley's net worth is around $50 million according to Celebrity Net Worth.
estate will be inherited by Lisa Marie Presley's three daughters—Riley Keough and Harper and Finley Lockwood—following her death at age 54, a representative for Graceland confirmed to E! News on Jan.
Priscilla does not currently live at Graceland, the mansion purchased by Elvis at the height of his career to live in with his family.
According to Forbes, Elvis Presley's estate makes him one of the wealthiest dead celebrities today. The publication estimates that the Presley estate earned $23 million in 2020 alone. A majority of this money comes in through Graceland, which earns around $10 million annually during a typical year.
Following her death, Elvis Presley's legendary Tennessee estate will be passed down to her three children, Riley, Harper, and Finley.
Lisa Marie Presley was the sole heir to the sprawling 13-acre estate following Elvis' death in 1977. Per People, the Memphis mansion will now go to her three daughters, including actor Riley Keough. "Graceland was given to me and will always be mine," she told USA Today. "It will never be sold."
The Upstairs Remains Off Limits
Presley's primary suite on the second floor of Graceland was his most private refuge, where only his closest confidants were allowed. It was there, in his bathroom, that Presley's body was found on Aug. 16, 1977.
Graceland's upstairs has The King's office, his dressing room, his daughter Lisa Marie's room, his bedroom and the bathroom where he died on the toilet of a heart attack at just 42.
Prior to her death, she was worth $16 million.
According to People, Lisa Marie's three daughters – actor Riley Keough, 33, and twins Harper and Finley Lockwood, 14 – will inherit Graceland in Memphis, Tennessee. She was the sole heir to her father's estate, which she assumed in 1980 after Elvis Presley's death in 1977.
The 77-year-old is an executor for the Presley estate, and she created the Elvis Presley Enterprises. She notably turned Graceland into a tourist destination, and has built lucrative merchandising, publishing, and licensing deals.
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.
Lisa Marie retained that 15% ownership in EPE at the time of her death, as well as complete ownership of Graceland Mansion and the 13 acres of land her father acquired when he initially purchased the property.
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.”
Following Lisa Marie's death on Jan. 12, 2023, her daughter Riley Keough's rep confirmed to PEOPLE that the daughter of Elvis will be laid to rest at Graceland. "Lisa Marie's final resting place will be at Graceland, next to her beloved son Ben," a statement to PEOPLE read.
In 1983, during her 25th birthday, Lisa Marie finally inherited her father's entire estate, which had grown to about $100 million.
At the time of his death in 1977, Elvis Presley's net worth was around $5 million, according to Celebrity Net Worth. (That's around $24 million today.) This figure was complicated by expenses related to Graceland and the fact that his record label was making money off his music, not Presley's estate or relatives.