Celebrity, Entertainment, Net Worth

Priscilla Presley Net Worth 2022: How Much Fortune Has the Former Spouse of Elvis Got?

By

David Mudd

Presley is best known for her marriage to Elvis Presley and her involvement in the “The Naked Gun” trilogy and “Dallas” television series. Elvis Presley Enterprises was established by Priscilla in 1981, and she oversaw it through the late 1980s. The 1985 biography “Elvis and Me: The True Story of the Love Between Priscilla Presley and the King of Rock N’ Roll” by Presley, who is herself an author, was a “New York Times” bestseller.

Early Years

On May 24, 1945, in Brooklyn, New York, Priscilla Ann Wagner was born. Her father James (a Navy pilot) passed away in a plane crash when his daughter was just 6 months old, and her mother Ann gave birth to Priscilla at the age of 19. In 1948, Ann wed Paul Beaulieu, an Air Force officer, and Priscilla started going by Beaulieu instead of Wagner. Presley grew up in Connecticut, New Mexico, Maine, and Texas as a result of the family’s frequent moves brought on by Beaulieu’s Air Force career. 1956 saw Paul’s deployment to Germany, where Priscilla met Elvis Presley, who was then serving in the Army.

Elvis Presley relationship

Priscilla first met Elvis in September 1959 at a gathering at his Bad Nauheim residence. The thought of Priscilla, 14, and 24-year-old Elvis dating weren’t well-received by her parents, but Presley won them over by visiting their house in uniform. Priscilla was able to speak with Elvis on the phone after he left West Germany in March 1960 and see him in Los Angeles in 1962.

In order to complete her high school education at Immaculate Conception High School and live a short distance from Graceland with Elvis’ father and stepmother, Priscilla relocated to Memphis, Tennessee, in March 1963. Although Priscilla wanted to visit Elvis when he was working in Hollywood, he advised her to stay in Memphis. When Priscilla challenged him about a rumor about his relationship with “Viva Las Vegas” co-star Ann-Margaret, he said it was only a rumor to promote the movie. (Throughout his relationship with Priscilla, Elvis continued to have affairs with a number of his co-stars.)

On May 1, 1967, in Las Vegas, Priscilla and Elvis were united in marriage; their daughter Lisa Marie was born on February 1 of the following year. Priscilla enrolled in private dancing lessons in 1968 and allegedly had an affair with the teacher, which she claims helped her realize she wasn’t getting enough from her marriage. Elvis later encouraged her to learn karate, and she soon started dating her instructor, Mike Stone. Later, Priscilla said that she felt both physically and emotionally unfulfilled by her marriage.

Elvis once stated that he wanted Stone to pass away, but when his security suggested a contract killing, Elvis declined to carry it out. The Presleys divorced in February 1972. On October 9, 1973, the couple filed for divorce and Lisa Marie was given joint custody. Priscilla also received $725,000 in cash, child support, spousal maintenance, 50% of the proceeds from the sale of their Beverly Hills house, and 5% of the income from Elvis’ publishing firms.

Career

The Bis & Beau clothing store, which was favored by stars including Cher, Barbra Streisand, and Natalie Wood, launched in Los Angeles in 1973 under the direction of Priscilla and her friend and stylist Olivia Bis. The store closed in 1976. When Elvis died in 1977, Priscilla served as Lisa Marie’s executor. After learning how much of her daughter’s inheritance would be going to Graceland (for upkeep, taxes, and other expenses), she worked with CEO Jack Soden to transform Graceland into a well-liked tourist destination. Elvis enthusiasts flocked to Graceland when it first opened on June 7, 1982; it has been a National Historic Landmark since 2006 and welcomes more than 650,000 people annually. When Lisa Marie Presley was old enough to legally inherit the estate in 1993, Priscilla was serving as the president and chairwoman of Elvis Presley Enterprises, and the estate was valued at over $100 million.

In addition to her production work on numerous movies and television shows, including as “Elvis and Me” (1988), “Breakfast with Einstein” (1998), “Finding Graceland” (1998), and the upcoming Netflix adult cartoon series “Agent King,” Priscilla also has a line of fragrances and linens. She served as a series regular on “Dallas” (1983–1988), a member of the Metro-Goldwyn-Mayer board of directors since 2000, and she portrayed Jane Spencer, Lt. Frank Drebin’s love interest, in all three of the “The Naked Gun” movies. Priscilla declined a starring role on “Charlie’s Angels” that was also offered to her.

Individual Life

After her divorce, Priscilla moved in with Mike Stone, and the two remained together until 1975. From 1978 to 1985, she was dating male model Michael Edwards. However, she broke things off after Edwards started acting improperly with Lisa Marie, who was still a teenager at the time. The following year, on March 1, 1987, Presley and computer programmer/screenwriter Marco Garibaldi began their 22-year relationship. Priscilla and Marco parted ways in 2006, and from that year to 2009, she dated TV executive Nigel Lythgoe. Additionally, Robert Kardashian, a lawyer, and Terry O’Neill, a photographer, have been connected to Presley.

Presley has represented the Dream Foundation as an ambassador since 2003; the group gives wishes to persons who are terminally ill. Being an advocate for animals, she spoke out against the Tennessee Ag-Gag Bill in 2013, writing to Governor Bill Haslam about it.

Estate

Presley paid $170,000 for the Los Angeles home she bought for her parents in 1976, and in 2019 she sold it for $3.9 million.

She owned a 7,000-square-foot Beverly Hills mansion for many years. Soon after her divorce from Elvis, she moved into the house. Priscilla put her Beverly Hills property on the market in August 2020 for an eye-catching $16 million. She sold this house for $13 million at the end of 2020.

She purchased a penthouse in Century City, California, in January 2021 for slightly under $5 million.

What is the net worth of Priscilla Presley?

Priscilla Presley is an American actress and entrepreneur with a $50 million dollar net worth.

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