After Elvis Presley’s death on 16 August 1977, his only child, daughter Lisa Marie Presley, along with his father Vernon Elvis Presley and grand-mother Minnie Mae Presley were appointed as the heirs of his property. In 1993, on Lisa’s 25th birthday, Lisa Marie inherited $100 million. She has sold 85% of the property and owns only Graceland estate and the property within it.