Have you loved Elvis Presley’s classic music, as it still creates a buzz when it plays on your device’s speakers instead of the radio? Well, Elvis Presley remains an American musical legend who tragically died young. However, his sweetheart wife, Priscilla Presley, remains the beneficiary of his legacy and estate!
So, you might have wondered what Priscilla Presley net worth is and how she managed the legendary singer-husband’s million-dollar estate along with her daughter and granddaughter! Is there a legal battle brewing between the star-studded Mrs. Elvis Presley and her own granddaughter?
We will fill you in on all these details and more about Priscilla Presley’s net worth!
Who Is Priscilla Presley & Her Net Worth
Priscila Presley is the former famous lover and wife of the late American pop singer Elvis Presley. She is an actress, writer, and, most importantly, a trustee and chairman of Elvis Presley’s estate.
When Elvis Presley tragically died in 1977, she became a young widow and is often recognized for their classic iconic romance. The late singer was an icon with an estate worth $5 million, i.e., in today’s value, $500 million stands today. Many would think that Priscilla Presley, a vast icon’s wife, must have a massive share in his estate. However, that’s not the case as Elvis Presley left the estate’s chosen beneficiary, but the persons were his grandmother, father, and his beloved daughter, Lisa Mary Presley!
Even after his young death, Priscilla Presley enjoyed the fame and respect that Elvis Presley’s wife poured on her. She became the trustee and chairman of the King of Rock’s estate. Priscilla Presley’s net worth increased over time as profits from the Elvis estate were attributed to his loving wife and daughter, increasing Pricilla Presley’s net worth each year.
Now, it’s important to remember that upon Elvis Presley’s death, even though he chose to keep his daughter, Lisa Mary Presley, as the future beneficiary of his estate, he decided his
sweetheart, Priscilla Presley, to be the sole trustee of his estate. Hence, the roles have been quite clear since the late Icon’s death upon who is to manage and who gets the future benefit.
Priscilla Presley’s net worth has boomed as Elvis’s estate flourished each year; numerous globally famous biopics have also been made on the king of Rock’s journey and the Presley family. So the profits from them have also increased Priscilla Presley’s net worth!
A Legal Feud Between Priscilla Presley & Her Own Granddaughter?
Elvis Presley and Priscilla Presley’s daughter officially inherited the Elvis estate in 1983, upon her 25th birthday, which at that time value stood at $100 million. However, the estate’s value only boomed over time as the estate was handled pristinely, with Priscilla Presley overlooking the million-dollar estate. She chose to become a businesswoman and flourished as she aged gracefully.
However, It all changed a little as her daughter, the beneficiary of the Elvis estate, died shockingly in January of this year. As she was the sole heir to her iconic father’s estate at the time of her death, the estimated value of her net worth is $10 Million. Whereas Priscilla Presley’s net worth stands at $50 Million.
However, the shocking detail about the change in estate trustees became known as Lisa Marie Presley made an amendment to the estate trustee’s role from her mother, Priscilla Presley, to her daughter Riley Keough upon her death. Now that the Elvis baby had died, according to the changes she made for the future, she named her daughter Riley Keough the trustee and heir to the million-dollar estate.
Since her death, Pricilla Presley’s net worth is looming over danger as her granddaughter, Riley Keough, is now the trustee and heir to her late husband’s estate, which she ran as the trustee for decades.
Since the battle over the role of trustee and some new calls for amendments after Lisa Marie Presley’s death, the 15% stake of Priscilla Presley in the Elvis Presley Enterprises is reportedly at risk. Even though Priscilla Presley has passed her iconic prime and is 77 years old, her passion and drive toward the Elvis estate and legacy are still active. She is legally battling the amendment against her granddaughter! Priscilla Presley net worth is at risk as she has chosen to keep the legal case with Riley Keough private and has not confirmed her net worth or loss to the public with any statement!
We hope the above details satisfy you regarding where Priscilla Presley’s net worth stands today!
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