Elvis Presley daughter Lisa Marie Presley is broke! Net worth 2018
Lisa Marie Presley is a businesswoman and a singer, best known as the daughter of Elvis Presley.
She is also famous for her high profile marriages with actor, Nicolas Cage, and singer, Michael Jackson.
She inherited the Presley estate at the age of 9 after her father passed away.
She sold everything except her father’s home, Graceland, for approximately $100 million in December 2004.
She sold 85% of all trademark rights to Elvis’ name, intellectual property, photographs, archival documents and more.
Lisa, who was worth $100 million, spent through all of it and is worth $14,000 at present.
She is currently in a dispute with her former manager, Barry Siegel, who she claims spent her money for personal use.
It is also reported that she is $16 million in debt. She is yet to pay taxes worth $10 million and default on debt worth $6 million.
She is also reportedly $500,000 in credit card debt.
She is currently in the middle of the divorce from Michael Lockwood. She shares twin daughters, Harper and Finley, with him.