Lisa Marie Presley is most widely recognized as the only child of Elvis Presley, the King of Rock and Roll, but she has built a reputation for herself as a musician, actor, and entrepreneur in her own right. She has earned a remarkable net worth through many initiatives and enterprises over the years, confirming her position as one of the world’s richest celebrities. She died at the age of 54 after being hospitalized for a medical emergency on January 12, 2023. In this article, we will look at the factors that have led to Lisa Marie Presley’s wealth, such as her inheritance, singing career, business ventures, and charitable contributions. We’ll also talk about her net worth, as well as her personal life and family.
Early Life and Career of Lisa Marie Presley:
Lisa Marie Presley was born to Elvis and Priscilla Presley on February 1, 1968, in Memphis, Tennessee. She spent her childhood at her father’s mansion, Graceland, and grew up amidst the Elvis Presley phenomenon. However, Lisa Marie’s parents divorced when she was four years old, and she was forced to spend her time between her mother’s home in Beverly Hills and her father’s estate in Memphis.
Lisa Marie was drawn to music at a young age and began composing her own songs as a teenager. Her public debut came in 1988 when she recorded background vocals on a track on her father’s posthumous album, “The Legendary Performer, Vol. 3.” She also briefly tried her hand at modeling before turning to music.
Lisa Marie’s debut album, “To Whom It May Concern,” was released in 2003 and garnered mixed reviews but did well financially. She released two additional albums after that, “Now What” in 2005 and “Storm & Grace” in 2012. Her music has been described as a blend of rock, country, and blues, with influences including Johnny Cash and Bob Dylan.
Lisa Marie, in addition to her singing career, has dabbled in acting, with brief appearances in films such as “National Lampoon’s Loaded Weapon 1” and “The Naked Gun 33 1/3: The Final Insult.” She has also been on TV series such as “The Oprah Winfrey Show” and “American Idol.”
Music Career and Record Sales:
Lisa Marie Presley’s music career began when she secured a recording contract with Capitol Records in the early 2000s. Her debut album, “To Whom It May Concern,” was released in 2003 and debuted at No. 5 on the Billboard 200 chart, selling over 500,000 copies in the United States. The album’s singles included “Lights Out” and “Sinking In.”
“Now What,” her second album, was released in 2005 and debuted at No. 9 on the Billboard 200. In the United States, the album sold over 140,000 copies and included the songs “Dirty Laundry” and “Idiot.” Lisa Marie’s third album, “Storm & Grace,” was released in 2012 with tremendous critical acclaim and was hailed as a departure from her earlier sound. The album debuted at number 45 on the Billboard 200, selling over 40,000 copies in the United States.
Lisa Marie has generated a good amount of revenue through her music tours in addition to album sales. She has performed widely throughout the United States and Europe, performing in venues ranging from small clubs to big arenas. Her tours have been a success, and she has made millions of dollars in ticket sales.
Television and Film Projects:
Lisa Marie Presley has been in a variety of television and film ventures in addition to her singing career. She appeared in a few music videos for various musicians, including her then-husband, musician Danny Keough, in the early 1990s.
Lisa Marie also appeared briefly in Tim Burton’s 1994 film “Ed Wood,” in which she played a small role as a television executive. In 1996, she starred in the comedy film “The Adventures of Ford Fairlane,” as a rock singer.
Lisa Marie appeared on “The Oprah Winfrey Show” in 2003 to promote her debut album, “To Whom It May Concern.” She’s also appeared on various talk shows, like “Larry King Live” and “The Ellen DeGeneres Show,” to discuss her music and personal life.
Lisa Marie appeared as a guest judge on the television show “American Idol” in 2012. She has also appeared on the reality show “The Real Housewives of Beverly Hills,” since her ex-husband, Michael Lockwood, is the show’s star, Lisa Vanderpump’s guitarist.
While Lisa Marie’s film and television projects have not been her major source of income, they have served to boost her reputation as a public personality.
Lisa Marie Presley Net Worth 2022 and 2023:
Lisa Marie Presley had a negative net worth of $10 million at the time of her death, according to Celebrity Net Worth. In 2018, she filed a lawsuit against her former manager, Barry Siegel, alleging “reckless and negligent mismanagement” of her estate, which allegedly left her with barely $14,000. According to court records acquired by The Blast, Siegel responded to the action by arguing that the low sum was due to Lisa Marie’s excessive spending. In addition, he sought $800,000 in damages from Lisa Marie for nonpayment.
Personal Life and Family:
Lisa Marie Presley has had a troubled personal life, which has been openly publicized. She has been married four times, the first time in 1988 to musician Danny Keough, with whom she has two children, Riley and Benjamin. Lisa Marie married singer Michael Jackson for the second time in 1994, but the pair separated in 1996. Her third marriage occurred in 2002 to actor Nicolas Cage, but they divorced after only a few months.
Lisa Marie married Michael Lockwood, a musician and music producer, in 2006, and they had twin daughters, Harper and Finley. After a lengthy court struggle that included a custody disagreement over their children and Lisa Marie’s financial troubles, the couple split in 2018.
Lisa Marie has been upfront about her drug addiction difficulties and has sought treatment in the past. She has also spoken up about her depression and anxiety issues.
Lisa Marie is the heir to the Presley estate, which includes Graceland, Elvis Presley’s renowned house in Memphis, Tennessee, in addition to her immediate family. Lisa Marie has assisted in the management of the estate and in preserving her father’s legacy via numerous initiatives and events.
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