As one of the most talked-about figures, Lisa Marie Presley has built a significant fortune. In this article, we dive deep into the assets and career highlights.

What Was Lisa Marie Presley's Net Worth?

Lisa Marie Presley was an American actress and singer who had a net worth of -$10 million at the time of her death. Tragically, Lisa Marie Presley died on January 12, 2023, after suffering from a cardiac arrest. She was 54 years old. Lisa Marie was the only child born toElvis Presley. Like her father, she was an accomplished singer-songwriter in her own right. She was also known for being a former member of the Church of Scientology and for her marriages to Michael Jackson and Nicolas Cage.

You are probably wondering how Lisa Marie's net worth could have been negative at the time of her death. According to Lisa Marie herself, in recent years, she was drowning in as much as $17 million worth of debt. An ex-husband claimed that, in reality, she had access to much more wealth and that she was using her debt as a ploy to not pay him a significant child and spousal support. Below is a quick summary of Lisa's financial history from the age of 9 up to her death. We go into much more detail later in this article.

Elvis died in 1977 at the age of 42. He left his entire estate to Lisa Marie. She was nine years old at the time. After years of profligate spending and being bilked by his longtime manager, ColonelTom Parker, Elvis was much less rich than you might assume. At the time of his death, Elvis was worth $5 million. After various estate taxes, debts, and other fees, the total amount left to Lisa Marie was just$1 million. That's the same as around $5 million in today's dollars. Since she was just 9, her mother, Priscilla, acted as sole executor of the estate for the next 16 years. Lisa Marie inherited the full estate in 1990 on her 25th birthday. Thanks to her mother's savvy financial maneuvering, Lisa Marie ended up inheriting$100 million, which is the same as around $220 million today. As we detail later in this article, Lisa Marie eventually sued a former business manager,alleging that he squandered most of her massive fortune. She claimed in a lawsuit that the trust fund had been whittled down to just$14,000by 2015. The business manager blamed Lisa Marie's own profligate spending, which had apparently pushed her estate in debt to the tune of $20 million by 2003, which he then had to dig her out of. Her lawsuit against the former business manager was put on hold due to COVID.

During a 2018 divorce court showdown,Lisa Marie claimed to be in debt to the tune of $16 million, including $1 million owed to the IRS. Her court filings claimed she controlled $714,775 worth of stocks and bonds and kept $85,266 in cash in a bank account. She further claimed to have roughly $92,000 worth of monthly expenses, including $23,500 for rent and $1,700 for the car payment on a Maserati.

At the same time, her ex-husband of 10 years, Michael Lockwood, alleged thatLisa Marie received around $100-200,000 per month from the Elvis Presley Enterprisestrust. Lockwood further claimed that Lisa Marie was exaggerating her true financial picture and that, in reality, she still controlled a very valuable trust that could be worth as much as $65 million and continued to own 15% of Elvis Presley Enterprises. Lisa Marie also owned Graceland itself. As we detail later in this article, owning Graceland has also been somewhat of a blessing and a curse financially. Lisa Marie and Michael Lockwood's divorce was finalized in March 2021, but a year later, Lockwood demanded Lisa Marie provide tax returns to the court because he believed she had secretly received $3-4 million as an advance to write a book about her father and relationship with Michael Jackson.

$35 Million Life Insurance

In the weeks after Lisa Marie's untimely death, it was reported that she had three life insurance policies, which apparently would pay a total of $35 million to her three surviving daughters.

Ultimately, Lisa Marie Presley's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.