Here’s Who Inherited Elvis Presley’s Money After He Died

Lisa Marie Presley (above) was solely 9 years previous on the time of her father’s dying, and though she inherited her father’s fortune, it went right into a belief managed by her mom, Elvis’ ex-wife, Priscilla Presley. Priscilla grew Lisa Marie’s inheritance to an estimated $100 million by the point Lisa Marie took management of the belief on her twenty fifth birthday. Based on E! Information (2017), Lisa Marie acquired roughly $100,000 per thirty days from the property left to her by her father.

Sadly, after years of monetary mismanagement, 50-year-old Lisa Marie misplaced the vast majority of her father’s fortune, blaming her enterprise supervisor Barry Siegel for making dangerous enterprise offers. Based on Forbes, Lisa Marie sued Siegel in 2018, claiming he paid himself $701,000 per yr and left her with solely $14,000, in addition to $500,000 in debt. In 2019, Siegel filed a counter lawsuit for $800,000 in damages, Yahoo Leisure experiences.