Lisa Marie Presley Net Worth And His Financial Problems

Her real name is Lisa Marie Presley, and she is an American singer. Priscilla Presley and Elvis Presley have one child, a daughter, and she is their lone beneficiary. In 2003, To Whom It May Concern was released, followed by Now What in 2005 and Storm & Grace in 2012. Since then, Presley has made a name for himself in the music industry. The Recording Industry Association of America awarded her debut record a Gold disc. Aside from album singles, Presley has also released duets with her late father, including versions of songs he had already published before his passing.

Lisa Marie Presley Net Worth

What is Lisa Marie Presley Net Worth? An estimated -$16 million is the net worth of Lisa Marie Presley, an American actress, and singer. Lisa Marie Presley is a talented singer and composer in her own right, despite her fame as Elvis Presley’s only child. The inheritance of Elvis Presley, which she received at the age of 25, has left her with a negative net worth. Later in this essay, we’ll go into greater detail about these financial difficulties. She is also well known for having married Michael Jackson in the past and for having been a previous Scientology adherent.

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Lisa Marie Presley Early Life

Lisa Marie Presley was born in Memphis, Tennessee, on February 1, 1968. Lisa resided with her mother following Priscilla Presley and Elvis’s divorce.

Lisa Marie Presley Music Career

“To Whom It May Concern” was Lisa Marie Presley’s first album, published in 2003. In 2005, she released her follow-up single, “Now What.” Her second album did well on the charts, just like her debut. Her third studio album, “Storm & Grace,” was released in 2012, and it was her most successful to date. Kylie Minogue, Michael Buble, and Coldplay are just a few of the high-profile artists Presley has worked with outside of her solo career. She’s also appeared in music videos for Michael Jackson and other artists.

Lisa Marie Presley Relationships

Lisa Marie Presley tied the knot with Danny Keough in 1988. In 1994, they divorced after having two children together. Benjamin, the couple’s 27-year-old son, committed suicide in 2020. Presley married Michael Jackson just a few months after divorcing Keough in 1977. Despite the fact that she helped Jackson deal with many personal challenges, she filed for divorce in 1996.

While betrothed to musician John Oszajca, Lisa decided to marry Nicholas Cage instead. A year later, Cage and Presley separated after they wed in 2002. She married Michael Lockwood in 2006 and gave birth to twins in 2008, both of whom are now adults. According to her, she found child pornography on Lockwood’s computer when she filed for divorce and sole custody of their children in 2016.

Lisa-Marie-Presley-Net-Worth
Lisa-Marie-Presley-Net-Worth

Lisa Marie Financial Problems

Barry Siegel was sacked by Lisa Marie Presley in 2015. When she sued her ex-business manager two years later, she claimed that he had wasted $100 million of her fortune and had left her bankrupt. EPE’s deal was ill-advised and he didn’t tell her the truth about the situation of the Presley estate, she claimed. To argue for his claim of innocence, Barry Siegel said that Lisa Marie’s extravagant spending was to blame for the estate’s large losses.

Aside from regular business meetings, he also claimed to have explained the issue to her and warned her to keep her spending under control at each meeting. Lisa’s extravagant spending habits, according to Seigel, actually put her estate $20 million in debt by 2003, an error that he has now rectified. She objected by stating that Lisa Marie had no idea how her estate was faring.

Lisa Marie said that if Seigel had given her the truth, she would have cut his $700,000 income in half. If she had been allowed access to the estate’s revenue, she contended, she would have been able to live comfortably on $1.5 to $2.5 million per year. This legal dispute was placed on hold in 2020 as a result of Covid-19.

Lisa Marie’s divorce procedures with Michael Lockwood revealed that she was $16 million in debt at the time of their divorce in 2018. Unpaid taxes from 2012 to 2015 accounted for an estimated $10 million in debt. Credit card bills and unpaid legal fees made up the remainder of the debt. After her ex sought $450,000 to pay for his own legal bills, Lisa submitted the paperwork.

Lisa Marie Presley Personal Life

She and her family live in San Francisco, California, in the United States of America. When it comes to her personal relationships, she’s been married more than once. She married Danny Keogh, a native of Chicago, in October 1988. Danny is an accomplished bassist. ‘Riley’ is the middle name of Danielle Riley Keogh, an actress, and model, and her son Benjamin Storm Keogh is the name of their firstborn son.

Lisa Marie filed for divorce from her husband on May 6, 1994, and the two parted ways. Just twenty days after divorcing Danny Keogh, Lisa married Michael Jackson, the singer. During a tour of Las Vegas in 1975, Lisa Marie was just seven years old and witnessed several of his concerts. Friends of Michael Jackson claimed he was molested as a child. They married when Lisa began to fall in love with him as a source of emotional support.

After the couple’s first illusion, they began to drift apart, and after a series of bitter arguments, Lisa decided to file for divorce. When Lisa was married in 2002 to Nicholas Cage, they divorced a year later. In 2006, she married Michaela Lockwood, with whom she was divorced two years later, 2016. Riley Keogh is one of Lisa’s four children. Claims were making the rounds about a reconciliation between Lisa and Danny Keogh.

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