Net Worth

Lisa Marie Presley’s Net Worth Is Staggering – Here’s More About Her! Latest News!

By

David Mudd

Lisa Marie Presley, who is currently bereaved over the death of her son Benjamin, had a great deal to live up to. She followed in the footsteps of her famous father, Elvis Presley, by pursuing a career in music. Despite the fact that she may not be as renowned for her abilities as her late father, she continues to honour his legacy in her own manner.

Let’s learn more about the daughter of the king of rock ‘n’ roll.

She Is the Sole Offspring of Elvis Presley.

Lisa Marie Presley, born on February 1, 1968, is the only child of musician and actor Elvis Presley and actress Priscilla Presley, making her the sole heir to her father’s enormous Graceland estate. In 1977, when Lisa Marie was only nine years old, Elvis Presley passed away.

On her 25th birthday, she inherited an estate estimated to be worth $100 million.

She has been wed four times, twice to prominent celebrities.

Lisa Marie Presley’s first marriage, which began in 1988 and lasted six years, was to musician Danny Keough. They have remained close musical partners and friends.

After marrying Michael Jackson in 1994, Lisa Marie’s next union was the most famous. When allegations against the King of Pop were multiplying like mushrooms, they wed. Lisa Marie became his primary emotional support system. However, their marriage did not last, as two years later they divorced.

She remained unmarried for several more years until marrying actor Nicholas Cage. Similarly to her marriage to Michael Jackson, it lasted for only two years.

The fourth marriage of Lisa Marie was her longest. In 2006, she married musician Michael Lockwood, but the marriage ended in a never-ending court fight.

She Is a Mother to Four Children.

With her first spouse, Lisa Marie had two children, a daughter named Danielle Riley Keough and a son named Benjamin Keough. Riley is a model and actress whose film credits include Magic Mike, Mad Max: Fury Road, Logan Lucky, and The Girlfriend Experience.

Benjamin, her 27-year-old son, died tragically in July 2020 of an apparent suicide. According to reports, Lisa Marie is “totally saddened, inconsolable, and beyond devastated” after hearing the awful news.

In 2008, Lisa Marie gave birth to fraternal twin girls with her fourth husband, Finley Aaron Love and Harper Vivien Ann.

She is ‘Violently Protective’ of Her Children.

Lisa Marie Presley has previously described herself as a “ferociously protective” mother.

Presley told Healthy Living magazine in October 2014 that her family was “just very regular.”

“I am quite guarded,” she stated. “I lavish them with affection, and I am also fiercely protective. They are my main concern. That is my job. That is my foremost concern. I keep them close and ensure their happiness and health.”

Presley emphasised that she will continue to love and care for her children even after they become adults.

“As they age, I sometimes believe it will never end. I believe that once kids reach the age of 18, their troubles just intensify; this is always a struggle,” she remarked. “… We are each other’s closest companions; we are all each other’s pillars. I am their mother as well as their mother.”

She Has Beaten Drug Dependence

In a foreword she wrote for Harry Nelson’s book The United States of Opiates: A Prescription for Liberating a Nation in Pain, Lisa Marie Presley discussed her “personal addiction to opioids and painkillers.”

Presley added, “You may read this and wonder how, after losing loved ones, I fell victim to opiates.” Her father was also addicted to opioids, and her ex-husband Michael Jackson died of an overdose.

She claimed that her opiate dependence began when a doctor prescribed her painkillers following the birth of her twins. Her addiction increased when her most recent marriage to Lockwood began to fall apart. “During the final year of our marriage, I abused cocaine severely,” she stated. When questioned if her drug use was excessive, she responded, “Yes, it was horrible.” I didn’t mix medications and drink until the last couple of years: “I didn’t mix pills and alcohol until the last couple of years.”

Now that she is on the upswing, Lisa Marie is thankful to be alive and hopes to serve as an inspiration to others. “Many more people suffer in silence from opioid and other chemical addictions. She stated, “I am writing this in the hopes that I can play a little role in drawing attention to this horrible problem.”

Her Estimated Net Worth Is on the Negative Side.

Elvis Presley was regarded as “The King,” yet his daughter does not live the life of a princess. According to Celebrity Networth, Lisa Marie Presley’s estimated net worth is -$16 million, putting her on the verge of bankruptcy.

When she filed for divorce from her fourth husband, Michael Lockwood, Lisa Marie’s substantial debt became public knowledge. The court documents indicated she had negative $16 million, less than $20,000 in liquid assets, and a startling $500,000 in credit card debt.

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The single heir to Elvis Presley’s inheritance unquestionably suffered a catastrophic financial loss. She lost everything after selling 85 percent of her rights to the Elvis Presley estate. She sued her company manager Barry Siegel in 2018 on the grounds that he had made some poor business decisions. She claimed Siegel paid himself $701,000 per year while leaving her with only $14,000, which is insufficient to support her exorbitant living expenditures.

Siegel countersued and claimed Lisa Marie was responsible for wasting her father’s money through excessive spending.