Lisa Marie Presley Net Worth: Renowned for her exceptional singing and songwriting abilities, Lisa Marie Presley, the daughter of the iconic Elvis Presley, has traversed a path not devoid of challenges. Throughout her illustrious career, she has encountered an array of obstacles, including legal entanglements and financial adversities. Now, let us embark on a profound exploration of the captivating life and extraordinary journey of Lisa Marie Presley.
What was Lisa Marie Presley Net Worth?
Lisa Marie Presley, the talented American actress and singer, sadly passed away on January 12, 2023, at the age of 54, following a cardiac arrest. Despite her undeniable talents as a singer-songwriter, she faced financial challenges, with a reported net worth of -$10 million at the time of her death. As the only child of legendary musician Elvis Presley, Lisa Marie inherited her father’s musical gifts and pursued her own successful career. Notably, she was associated with the Church of Scientology and had high-profile marriages to Michael Jackson and Nicolas Cage. Let us remember her as a remarkable artist whose legacy will continue to resonate.
Born in Memphis, Tennessee, on February 1, 1968, Lisa Marie Presley spent her childhood with her mother after the divorce of Priscilla Presley and Elvis.
Lisa Marie Presley debuted her first album, “To Whom It May Concern,” in 2003 which was followed by “Now What” in 2005. Similar to her impressive debut, her second album achieved notable chart success. In 2012, she released her third album titled “Storm & Grace.” Alongside her solo work, Presley has collaborated with globally recognized musicians including Kylie Minogue, Michael Bublé, and Coldplay. Additionally, she has made appearances in music videos for renowned artists like Michael Jackson and others.
Relationships and Children
In 1988, Lisa Marie Presley married Danny Keough. They had two children before divorcing in 1994. Their son Benjamin committed suicide in 2020 at the age of 27. Their daughter Riley Keough is an actress.
Presley tied the knot with Michael Jackson in 1994. Throughout their marriage, she provided support to Jackson, assisting him in dealing with numerous personal challenges. However, their relationship came to an end, and Presley filed for divorce in 1996. Subsequently, she became engaged to a musician named John Oszajca but eventually chose to marry Nicolas Cage. The union between Cage and Presley took place in 2002; unfortunately, it was short-lived, as they divorced later that year.
In 2006, she entered into matrimony with Michael Lockwood, and in 2008, she joyfully welcomed twins into the world. However, in 2016, the trajectory of their relationship took a tumultuous turn when she filed for divorce and sought sole custody of their children. Allegations arose that she had unearthed child pornography on Lockwood’s computer. It wasn’t until 2021 that their divorce proceedings reached a conclusion, marking the end of their protracted legal journey.
Inheritance from her Father
Lisa was merely 9 years old when her father passed away. Throughout his life, Elvis paid little heed to financial responsibility and gained notoriety for his extravagant spending. However, it is worth noting that the beloved Rock ‘N Roll legend also fell victim to his manager, Colonel Tom Parker, who shamelessly siphoned off a significant portion of Elvis’ hard-earned income.
At the time of his passing, Elvis Presley’s estate was valued at $5 million, equivalent to roughly $14 million in today’s currency, accounting for inflation. However, this amount was significantly diminished to $1 million after accounting for taxes, fees, and outstanding debts. Notably, his entire estate was bequeathed to his daughter, Lisa Marie.
Legal Issues and Resilience
Besides her personal struggles, Lisa Marie Presley has encountered a series of legal issues throughout her life, with three arrests to her name. Despite these setbacks, her extraordinary talent as a singer-songwriter continues to radiate.
Recognizing Artistic Contributions
It’s crucial to acknowledge that Lisa Marie Presley’s net worth doesn’t diminish her substantial contributions to the music industry. The current negative financial predicament should not overshadow the well-deserved recognition of her artistic endeavors. Her unwavering dedication to her craft and exceptional musical talent continue to be noteworthy, irrespective of her financial standing.
How did Lisa Marie Presley die?
On the evening of January 12, 2023, Lisa Marie Presley tragically passed away at the age of 54. The news of her demise was confirmed by her mother, Priscilla Presley, who expressed deep sorrow in a statement. Priscilla described Lisa Marie as an extraordinary woman, embodying immense strength, love, and passion. As we come to terms with this profound loss, we kindly request privacy during this difficult time. We appreciate the outpouring of love and prayers. As of now, no further comments will be made.
The Presley family, in a statement, expressed their shock and devastation over the tragic loss of their beloved Lisa Marie. They are deeply grateful for the outpouring support, love, and prayers from everyone, and kindly request privacy during this incredibly challenging period.
Just hours before her tragic passing, Lisa Marie, the daughter of Elvis, was urgently taken to the hospital following a cardiac arrest. According to TMZ, emergency medical technicians responded to a distress call at Lisa Marie’s residence on Normandy Drive in Calabasas, California. She was discovered unresponsive in her bedroom by her housekeeper. TMZ further reported that Lisa Marie’s ex-husband, Danny Keough, performed CPR on her until the paramedics arrived and assumed control. Recognizing signs of life, the paramedics swiftly transported her to a local hospital for immediate medical attention. Regrettably, despite efforts, Lisa Marie ultimately succumbed to her condition. This unfortunate event has left all those around her in deep sadness and mourning.