Lisa Marie Net Worth: Lisa Marie Presley is a famous American singer-songwriter, actress, and the only child of the legendary musician Elvis Presley. She has released several albums and singles and has appeared in several films and television shows. As a result of her success, she has amassed a considerable fortune. This article will examine Lisa Marie Presley’s net worth as of 2021.
Early Life
Lisa Marie Presley was born on February 1, 1968, in Memphis, Tennessee. Priscilla Presley and the iconic Elvis Presley were the parents of a single offspring, their daughter. Raised in Graceland, the Presley family’s residence in Memphis, she attended a private school in Los Angeles and finished her studies in 1985.
Career
Musical Career:
Lisa Marie began her musical career in the early 1990s. She released her debut album, To Whom It May Concern, in 2003, which reached #5 on the Billboard 200 chart. In 2005, she released her next album, Now What, and it was certified gold in the United States. She has since released several more albums, including Storm & Grace (2012) and Wild Horse (2016).
Songwriting:
In addition to her own music, Lisa Marie is also a successful songwriter. She has written songs for a variety of artists, including Faith Hill and Kid Rock. In 2017, she won a Grammy Award for co-writing the song “Change” with Linda Perry.
Acting Career:
In addition to her music career, Lisa Marie has also had success in the acting world. She has appeared in several films and television shows, including The Stepford Wives (2004), CSI: NY (2005-2006), and Nashville (2012-2014).
Net Worth
Moreover, Estimators have placed Presley’s net worth at $300 million as of 2021. Furthermore, this includes her earnings from her career in music, acting, and other business endeavors. Additionally, she reportedly owns an estate in Tennessee worth an estimated $100 million.
Financial problem
In recent years, Lisa Marie Presley has faced financial difficulties. In 2013, she filed for divorce from her fourth husband, Michael Lockwood, citing irreconcilable differences. The divorce proceedings revealed that Presley was heavily in debt and was struggling to pay her bills.
Various creditors forced Presley to declare bankruptcy in 2018 after she owed over $16 million to them. This included a $6.5 million debt to the Internal Revenue Service (IRS) for unpaid taxes. Presley claimed that her former business manager, Barry Siegel, advised her to take out a loan to pay off her IRS debt, but that the loan caused her to incur even more debt.
Presley later sued Siegel, who had been managing her finances for over a decade, for mismanaging her money and causing her financial ruin. The lawsuit was settled in 2019, with Siegel agreeing to pay Presley $9.8 million in damages.
Despite her financial struggles, Presley has continued to work as a singer and actress. In 2019, she released her fourth studio album, “Storm & Grace,” and has toured internationally in support of the album. She has also acted in several films and television shows over the years.
Presley has demonstrated resilience and determination in the face of adversity, and we will see how she bounces back from her financial difficulties.
Conclusion
Additionally, Lisa Marie Presley is an accomplished singer-songwriter, actress, and businesswoman. Consequently, she has amassed a considerable fortune as a result of her success. In fact, her estimated net worth of $300 million makes her one of the wealthiest celebrities in the world.