February 19, 2017, - 9:20 am

Lisa Marie Presley Broke: Elvis’ Daughter Blew $300 Million Fortune

By Debbie Schlussel

Lisa Marie Presley & Husband #4, The Mad Hatter a/k/a Michael Lockwood

More evidence that if you didn’t earn it, you don’t appreciate it. The late Elvis Presley’s only child, Lisa Marie Presley, now says she’s broke and has nothing left from the $300 million fortune her father left her.

Over the years on this site, I’ve written about plenty of people who’ve blown through their fortunes. Most of them are Black professional athletes who came from the killing fields of America and didn’t know how to save. Some, like boxer Thomas “Hitman” Hearns, who went through a $40 million fortune, were too nice to hangers-on and family members. Others, like former NFLer Travis Henry, couldn’t keep their pants zipped and fathered zillions of kids with a cornucopia of baby mamas. And still others, like Warren Sapp, had a combination of bad spending habits (he bought lion rugs and collected expensive sneakers) and Multi-Baby-Daddy Syndrome. And there’s Dionne Warwick and her profligate spending (she can’t live on $21,000 a month), which she apparently didn’t foresee as a hack for the Psychic Hotline Network.

Now, there’s Lisa Marie. She blew threw a lifetime of Elvis earnings and about 40 years more of his estate’s posthumous earnings, which is incredible. And there’s nothing left. That’s because, back in 2004, Ms. Presley sold off most of her interest in Graceland and in her late father’s trademark and licensing fortune to the then-owner of “American Idol” for $100 million.

That’s what happens when you’re a spoiled kid of rich parents. You don’t know the value of a dollar, and you blow through it like it’s water.

No tears from me for this idiotette. She married four times, including bizarro marriages to Michael Jackson and Nicolas Cage (and the latest, the guy in the picture with the stupid hat). And she probably threw a lot of money down the toilet on her failed singing career. If she’d been smart, she’d have dedicated her career to the money-making licensing and trademarking opportunities of Elvis’ estate instead of selling it off, and that’s it. Sadly, her mother was Priscilla Presley, obsessed with being famous and in the public eye. And she inherited her mother’s silly ambitions.

But the definition of “broke” is different between celebrities and us “little people.” Papers filed in her divorce show that Presley earns $4,361 per month in salary from a (no-show) “job” at Graceland and $100,000 per month in “investment income” from a trust Elvis set up for her (smartest thing he ever did, apparently). That’s about $1,250,000 per year–not exactly broke . . . for us regular people. (I’d take it.) It’s that her lifestyle needs to take a haircut. She owes over $200,000 to American Express and is being sued by the credit card company for non-payment. And, then, there’s this:

Presley, who claims nearly all of her $300 million fortune is gone, said in the papers that she has to pay for two nannies to go along as monitors when her husband visits the children.

Um, two nannies? How ’bout you raise your own kids yourself (like most other Americans do)? You can’t do it on one-and-a-quarter-million dollars a year? Wow.

Now, $300 million lighter with little to show for it, Lisa Marie has to move in with her daughter all while she has to raise her latest family of twin eight-year-old daughters who will never see a penny of their grandfather’s multi-millions.

So sad, too bad.

Ladies and Gentlemen, Elvis is turning over in his grave.

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53 Responses

Poor, dumb fourth husband! He thought he was the luckiest man on the face of the earth by marrying Queen Lisa Marie I. Now he’s learning a hard lesson: Reality bites.

Primetime on February 19, 2017 at 10:27 am

Despite being a big Elvis fan, I haven’t followed the family since he died. Except for knowing a little about Priscilla and her bizarre plastic surgery escapades, I’ve paid little attention. As for Lisa Marie, I know nothing about her except what she looks like, and the two marriages that Debbie mentioned.

And that last part, is BIZARRO WORLD!!! So is this guy. The hat is bad enough. Yo, get a bigger head or a smaller hat. That hat is for a guy like Richie Incognito.

Alfredo from Puerto Rico on February 19, 2017 at 10:36 am

In addition to all the idiots who blew thru their stash, you forgot to mention that husband #2 – Michael Jackson – too blew thru his fortune and lost his Neverland Ranch not only due to his legal troubles, but his profligate spending.

But yeah, it’s a shame that so many millionaires just burn through the cash instead of creating businesses that would give them sustainable incomes for life. Methinks Janet Jackson was the smart one for converting to Islam and settling down in the Emirates: at least, she’s owned and someone and her Mohammedan owner can maker her decisions for her. If only all of Hollywood would move to the Gulf, convert to Islam (which they are busy pimping here anyway) and settle there for good.

Infidel on February 19, 2017 at 12:21 pm

    All the people you cite are singers, not movie people. Anyway, there are wonderful and terrifically creative people in film. And many manage their money well. Mark Wahlberg and Matthew McConnaghey, to name two, aren’t exactly in the poorhouse.

    Primetime on February 19, 2017 at 8:11 pm

    I think the family paid off the mortgage on Neverland because one of the kids wanted it. But Jackson wildly pissed his money away, and is worth way more dead than he ever was alive. If you didn’t earn it, you don’t deserve it.

    #1Vato on February 20, 2017 at 5:48 pm

Maybe she can live in Heartbreak Hotel, if it doesn’t leave her All Shook Up.

Jerry Ernst on February 19, 2017 at 12:25 pm

Jerry, you’re a bad, bad boy for making pun of this. Really, you ain’t nuthin’ but a hound dog!!!
(giggle, giggle)

Skull on February 19, 2017 at 1:03 pm

Oh, Skull, ye of the Suspicious Minds. Jerry was just feeling a little Moody Blue.


Alfredo from Puerto Rico on February 19, 2017 at 1:13 pm

    Hey Al, Skull, and Jerry. When that moronette checks into the Heartbreak Hotel let’s hope she’s not wearing a pair of Blue Suede Shoes. Because it seems that she’s a Hard Headed Woman…LOL!

    Ken B on February 20, 2017 at 6:47 pm

G’day Alf [pardon the Aussiefied name 🙂 ],
For a bit of musical confusion, I’ll hafta ask ya this question: does listening to simple minds give ya the moody blues?

LMAO but too lazy to ROTF 🙂

Skull on February 19, 2017 at 1:32 pm

Oh please, don’t be cruel. Besides, that’s Debbie’s job. 🙂

Concerned Patriot on February 19, 2017 at 2:06 pm

Of late it has been reported
that HE’S B-A-C-K…..
If He’s here…why isnt
He coming to “their” rescue??
They are His private world..
Maybe someone needs to notify him..***

Martha on February 19, 2017 at 3:17 pm

Earth can be Heaven And Hell, but Hell Awaits when the Mob Rules. South Of Heaven the Master Of Puppets and his Killers will Ride The Lightning. His henchmen are unaware that each and every one of them is just a Powerslave. Obsessed By Cruelty and full of Extreme Aggression, they will Show No Mercy to their “enemies” and just Kill ‘Em All. But have no Fear Of The Dark because Somewhere In Time there’s a Brave New World where, maybe, you can Live After Death. I hope that gives you Piece of Mind. Anyway, I’m gonna take my British Steel and Ram It Down for Eternal Devastation.

(if you’re not into 80’s metal, don’t bother trying to get your head around that little bit of silliness above)

Skull on February 19, 2017 at 3:49 pm

    LOL!!! Easy there, Skull, easy, and nice to meetcha. I like Aussies, as good Americans are supposed to, along with the Brits, Irish, Scots, Canadians and New Zealanders.

    Now, I wouldn’t know 80’s metal from an 18 wheeler, but for a while, when you mentioned The Moody Blues, I was thinking perhaps you were a Singer In A Rock and Roll Band.

    But after that last outburst, all I can say is . . .

    “Breathe deep, the gathering gloom,
    Watch lights fade from every room . . .”

    EASY does it. LOL!!!

    As for me, I’ve finished me work fer the day, eh? And it’s time to finish my coffee and head for the next joint. Think I’ll smoke it with Elvis.

    Alfredo from Puerto Rico on February 19, 2017 at 6:26 pm

      So you’re not a metalhead, Alf? I Should Have Known Better than to try the 80’s metal schtick. Well, Roll Over Beethoven, Here Comes The Sun so All I’ve Got To Do is to Drive My Car and I’ll Follow The Sun into a Norwegian Wood while saying Good Day Sunshine. You Won’t See Me though, ’cause I’ll be Nowhere Man. I Don’t Want To Spoil The Party, but Every Little Thing that I write is The Word, Eight Days A Week. You know Yesterday, Back In The U.S.S.R., Doctor Robert was saying that Here, There And Everywhere Happiness Is A Warm Gun. However, I Want To Tell You to please Think For Yourself and realise that All You Need Is Love. Oh, and The Volkswagens, of course. 🙂

      Skull on February 20, 2017 at 4:28 pm

        Actually Skull, while I am of “that generation,” “my music” so to speak, actually gravitates far more toward the soul end. To be sure, I like The Eagles, The Stones, Led Zeppelin, Fleetwood Mac, ELO, etc., lots in that genre, but my foremost tastes gravitate elsewhere.

        Basically, I have to Keep On Pushin’, because It’s Alright, although I would advise most folks Don’t Let The Joneses Get You Down, even when you have Bad Luck. And by all means, watch out for The Backstabbers, and don’t worry Are You Man Enough, just be the Keeper Of The Castle, because it’s all just a Ball Of Confusion. If we learn to ride the Love Train, some day Brothers Gonna Work It Out. We just have to remember to use a little Soul Power and be Super Bad.

        And of course, I love Elvis Presley and Dean Martin.

        Alfredo from Puerto Rico on February 21, 2017 at 10:49 am

          I’m shocked by your RACISM, Pardner! How DARE you disrespect Dino Crocetti and besmirch his memory by using his anglicised “slave name”?!?! His great buddy, Joseph Levitch, is sure to report you to Ms Schlussel and she’ll give you detention, I’m sure of it. I think that’s him calling for her now actually …

          LMAO and, what the hell, I’ll ROTF now as well
          Shalom from the Skullmeister 😉

          Skull on February 21, 2017 at 10:07 pm

Well, if nothing else, at least Lisa Marie hasn’t yet blamed Jews for her downfall as Michael Jackson had done. His screwed up parents, his weird behavior around children, and his tutelage under (more like pimping by) Farrakhan seemed to be a non-issue for him…but Jews ruined his life, he claimed.

YCHtT on February 19, 2017 at 5:07 pm

What a confused, addle brained jerk Jackson turned out to be. If it wasn’t for Jews, there may never have BEEN a Michael Jackson. I think he caught some additional brain disease hanging out with Blunt(Sharp)on.

Alfredo from Puerto Rico on February 19, 2017 at 8:28 pm

It took me 30 years to put a million dollars in the bank. And I realize that is beyond the aspirations of most. Along the way it was the result of a damn good job and humble needs. I drive a 45 year old car and if I started spending my money like a wife I’d soon have nothing.

I can only laugh at stories of people who had it all and fucked it up.

Richard on February 19, 2017 at 8:42 pm

YCHtT, Michael Jackson had converted to Islam, which might explain why he blamed the Jews. Although I don’t recall – did he blame the Jews before or after his conversion? In his family, 3/5 – Germaine, Michael & Janet, are Islamized.

Although at this point, as far as she goes, it hardly matters

Infidel on February 20, 2017 at 12:30 am

    I haven’t been able to find a source that definitively proves Jackson’s conversion-honestly, I just don’t know. On the other hand, a Jerusalem Post article (MICHAEL JACKSON CALLS JEWS ‘LEECHES’) attributes a 1995 song as MJs first anti-Semitic rant, although he later apologized and changed the lyrics. The point of whether the more recent ‘leeches’ comment (2005) was uttered before or after his alleged conversion is moot, IMHO.

    YCHtT on February 20, 2017 at 1:09 pm

This woman is basically an idiot. It shows what happens when dad and mom are to busy to raise their children. Elvis unfortunately died a long time ago so he never had to witness this garbage. Lisa’s mom was a child bride and not to bright either.

The two of them instead of trying to be wild and famous coukd have just kept their eye on the ball. Managing the Elvis estate is a gold mine. As with other dead performers, without any big expenditures because celeb is dead, the money tolls in.

However, like many many pro athletes who have made tens of millions, the tale ends with them broke. So they end up middle aged, poor, in bad health and still just as dumb.

Glen Benjamin on February 20, 2017 at 9:49 am

I thought she was lying because I knew Graceland brought in some serious “Coin” but she sold her interest, what a dumb dummy. That was super stupid. I think its easy being rich, you have a house in los angeles, miami, a condo in NY, and house and land in Colorodo somewhere, and you’re done. Other than that you buy new clothes and travel. Theres nothing else to buy, rent your toys for short time frames, you don’t need a plane or yacht . Easy money.

MrBigBrain on February 20, 2017 at 12:59 pm

Lisa Marie’s situation – as well as the other “broke” celebrities Debbie mentioned – reminds me of leftist “comic” Chris Rock’s routine, from one of his HBO specials, about people who are “rich” vs. those who are “wealthy.” Lisa Marie clearly was of the former group. (I would add [MC] Hammer to that list of “rich” celebrities who ultimately lost it all thanks to multiple hangers-on, etc., etc., etc.)

Concerned Patriot on February 20, 2017 at 7:37 pm

    It was actually Coco Chanel that coined the phrase ‘There are rich people, and there are those who have money. They are not the same people.’

    Eileen Beyer on December 11, 2017 at 6:51 am

I have no sympathy for that woman.

Worry01 on February 20, 2017 at 7:38 pm

Even worse, look at the guy she has. It’s a guy, right?

billj696 on February 20, 2017 at 7:50 pm

    With what’s going on nowadays, I’d say the jury is out on that one. Especially with 58 working genders, according to Facebook.

    Alfredo from Puerto Rico on February 21, 2017 at 10:40 am

I’d like to know how much money she gave to Scientology over the years… I bet a large portion of her inheritance went to that cult…. yeah she didn’t spend wisely but I suspect others help spend her money

Ann P on February 21, 2017 at 12:57 am

    Scientology always has been about the $$$$. It’s a mindless cult of power and money. I’ve heard that Tom Cruise wants to leave but can’t because those loons, beginning with fearless leader David Miscavage, has all kinds of private stuff to blackmail him with.

    Primetime on February 21, 2017 at 11:01 pm

Elvis is spinning in his grave. He started spinning when lost girl Lisa got sexually hooked up with boy molester Michael Jackson.

jimmy, yes JIMMY on February 21, 2017 at 12:18 pm

    Lisa got sexually hooked up with boy molester Michael Jackson

    Erm… I can guarantee you that there was no sex going on in that “marriage.” It was pure publicity.

    DS_ROCKS! on February 22, 2017 at 11:32 am

      And THAT guarantee is as good as the one mah man Joe Willie gave before Super Bowl III. NO sex (between those two) in that marriage. There may have been SEX, but not between Lisa Marie and whoever it was that replaced Michael Jackson as Michael Jackson circa 1979-80.

      Alfredo from Puerto Rico on February 22, 2017 at 11:35 am

        I stand technically corrected – Michael Jackson most likely did indulge in sex during their marriage, but it would have been with young boy moppets, not Lisa Marie.

        DS_ROCKS! on February 22, 2017 at 2:21 pm

At about 30,000 rpm, jimmy.

Alfredo from Puerto Rico on February 21, 2017 at 12:40 pm

Unbelievable! Some of these people spend money like it is water. Lisa Marie had it made. How can anyone spend that much???

Jean on February 22, 2017 at 12:09 am

LOL!!! at Skull. Very good, I should make it a point to remember the comedy team of Crocetti and Levitch often. After all, they were right up there with Abbott and Costello as my all time favorites. Dino Paul Crocetti, from Steubenville, Ohio.

Alfredo from Puerto Rico on February 22, 2017 at 8:27 am

Jean, I applaud your common sense, but Lisa Marie’s daddy had a penchant for suddenly ordering a middle of the night flight to Colorado for the best peanut butter and jelly sammiches he’d ever had, on a whim. And his bodyguards had to eat them, and admit they were the best they ever had.

Call Jack B. Nimble, tell him to gas up the plane. Where we goin’, boss, it’s 2 a.m.?!?!???!!! Peanut butter and jelly sammiches.

With a daddy like that, it’s not hard to figure out how to spend money. Look at all these football, basketball, baseball players and rappers. Know how much a bottle of Cristal costs? These guys buy Air Jordan sneakers for their whole crew on a whim.

Check out how much Jennifer Aniston spends per DAY on “beauty treatments.” It’s obviously not working either, because she’s not that hot, never was, never will be. But she’ll keep spending that money, because she CAN.

Alfredo from Puerto Rico on February 22, 2017 at 8:34 am

By the way, the more I look at the guy Lisa Marie is with in the picture Debbie put up, he don’t look too happy. He’s got that far away look in his eyes that says “I wish I was a carpenter with a union job in NYC.”

As for Daughter of Elvis, looks like she took the advice that her daddy told Hal Wallis he noticed about James Dean. She NEVER smiles, EVER.

Alfredo from Puerto Rico on February 22, 2017 at 11:39 am

Didn’t she get involved with Scientology? Separating celebrities from their money is their specialty.

James Walsh on February 22, 2017 at 11:32 pm

Dr. Fakih, Debbie has gone toe to toe with the Not So Reverend Al Blunton, and MANY others who are ADORED by the fake media.

The immortal words of Elton John apply well to her, . . .

I’m still standin’. And indeed she IS.

I d

Alfredo from Puerto Rico on February 23, 2017 at 10:40 pm

I’ll fix you when I get back to my computer, Dr.Faker. Posting from a phone SUUUUUUCKS!!!

Alfredo from Puerto Rico on February 23, 2017 at 11:22 pm

Where’s the “good doctor?” I thought she might come back with something smart after my phone gaff last night, but I had to get those in.

HEY DOCTOR FAKER!!! I doubt if you can debate your way out of a paper bag, but if you insist, go ahead, I dare you to make ONE coherent point in a debate with Debbie.

And kindly pick up a copy of Debbie’s bio and a Kosher bagel on your way off the web site. Maybe try that bread pudding recipe.

Alfredo from Puerto Rico on February 24, 2017 at 10:43 am

Yeah….Poor Little Rich Girl….

CharlesMartel on February 24, 2017 at 2:53 pm

No sympathies coming from me. Lisa Marie might not be up there in wealth when it comes to other celebrities or children of celebrities but she can still live a comfortable life that many would like to have. I am just surprised that she could not have gotten a financial advisor or a good accountant to help her wealth.

Mario on March 2, 2017 at 3:19 pm

Wow! I just stumbled across your page. You are really opinionated, aren’t ya?

Shawn on March 2, 2017 at 5:41 pm

Hey Shawn, if ya don’t like Debbie or what she has to say, you can stumble back out, as easily as you stumbled in. Please pick up a copy of Debbie’s bio and a free Kosher bagel your way off the web site, and kindly tell George Soros to send the trolls to Huffington Puffington Post or some such web site.

Oh, by the way, eating Teal colored Pumpkins has proven to impart more Vitamin A activity in children aged 5-13. Might be helpful.

Alfredo from Puerto Rico on March 3, 2017 at 10:52 am

Well, Elvis himself blew through all of his money. He was practically broke when he died. Priscilla eventually grew the estate back through licensing. Elvis had many good qualities, but he was irresponsible with money. It’s just that it was easier for him to go out and earn more when he needed to.

Joe on March 6, 2017 at 9:14 pm

I’d like to receive get the kindle keyboard or touch version associated with Vector’ but just how would I then receive the DVD MOVIE? could it be down-loadable?

UNIQLO sale on May 8, 2017 at 1:57 am

Just found this article from last Feb. What’s with the snarky tone? Also,swipes were taken at Priscilla, when SHE was the one who went to Memphis after Elvis’ death and built the legacy up to what it became for Lisa Marie. Give credit where credit is due.

Jen on August 16, 2017 at 4:25 pm

If an american who earns for example 1100 dollars a month and lives as well as paying rent like 500 dollars a month for example and then spend up to 300 dollars on food, toilet paper and other important stuff. If you for example saved 50 dollars at least each month 50 multiply with 12 equals 600 and then 600 dollars multiply with 10 equals 6000 dollars 6000 multiply with 3 equals 18000 not difficult and if like another earned for example 1700 dollars a month then saved for example 100 dollars each month saving 1200 dollars each year and 1200 dollars multiply with 10 years equals 12000 dollars and for example 1200 dollars multiply with 30 queals 36000 dollars in 30 years and if reduced with taxes you could have like 30000 or 28000 left for example. If you had been able to save little more you would not have needed loans for example if you started working at age of 20 and earned at least 1100 a year like i said and it would work. In sweden if you earn less than 10000 swedish sek you do not have to pay taxes at least what i heard before and for example if one earned 12000 swedish sek each month and paid for 7500 swedish sek in rent each month then 3500 left also thers taxes like 2000 or even 3000 sek and then there is food and some stuff and toilet paper for example up to 1500 more will decrease. And if one swedish woman for example saved at least 400 swedish sek each month she will save 4800 sek in 1 year and then be able to have even 48000 in 10 years and reduced by taxes it could be like 40000 and if you lived in sweden saved for example 400 a month becoming 4800 in a year and if multiply 4800 with 30 equals 134000 in swedish money and then reduced by taxes down to for example 129000 0r 123000.

ROBERT MRVELJ (@RobertMrvelj) on July 24, 2018 at 12:23 pm

If one gained for example 950 dollars from welfare and then paid 600 dollars for example from rent and then spending up to 300 each month you could save 50 dollars each year and then it go from 50 dollars to 600 dollars in a year and go from 600 to 4800 dollars in 30 years. It would been almost the same in same sweden if that country had welfare for every unemployed man and woman if each gained for example 9800 sek each month for example each paying rent for example 6000 and then spend up to 3500 for example in a month then saving 300 each month then multiply it with 12 equaks 3600 in swedish money a example 3600 multiply with 10 equals 36000 and for example 3600 multiply with 30 years equals 108000 swedish sek and if reduced by taxes and it would become like 102000 or for example 99000 left.

ROBERT MRVELJ (@RobertMrvelj) on July 24, 2018 at 12:32 pm

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