Elvis Presley’s Graceland passes to Lisa Marie’s daughters after her death (2024)

Elvis Presley’s famous Graceland mansion in Memphis, Tennessee, is staying in the family following the death of his daughter.

Lisa Marie Presley inherited the 13.8-acre, 23-room estate from her rock’n’roll legend father after he died in 1977, when she was nine. She died on Thursday at the age of 54 after a cardiac arrest.

A representative of Graceland told People that the property will now be passed on to Lisa Marie’s three daughters, Riley, Harper and Finley. Graceland, which offers public tours of the mansion as well as sprawling museum exhibits, is reportedly the second-most visited home museum in the US after the White House, attracting more than 600,000 guests a year.

Elvis’s only child and a musician in her own right, Lisa Marie was born nine months to the day after the wedding of her father and mother, Priscilla Presley. She spent her early years living at Graceland. When she was five, her parents divorced and she moved with her mother to Los Angeles, though she would often fly back to Memphis to visit her dad at Graceland.

Following Elvis’s death, he left Lisa Marie ownership of the Graceland estate through a trust fund set up in her benefit. That trust dissolved when she turned 25 in 1993, giving her full ownership of the property, which now hosts popular public tours and sits next to museums honoring Elvis’s life and career.

Lisa Marie spent her final years managing Graceland alongside her mother and the National Bank of Commerce through another trust which she established.

Their management of Graceland and its displays was credited with not just steering Elvis’s legacy but continuing to keep his fame alive. Lisa Marie reportedly found great personal meaning and purpose in her management of Graceland, in addition to her own musical career, as she overcame the heartbreaks associated with her father’s death as well as her four marriages, including one to the superstar musician Michael Jackson at the height of his popularity.

As well as pursuing a singing career that saw her release three albums, Lisa Marie had two children from a marriage to Danny Keough: the actor Riley Keough, 33, and Benjamin, who killed himself in summer 2020 when he was 27. She also had twin daughters, Harper and Finley, 14, with Michael Lockwood, whom she divorced in 2021.

Riley, Harper and Finley are now set to be the beneficiaries of the Graceland trust. A representative for Riley Keough confirmed that the plan was for Lisa Marie to be buried on the grounds of Graceland next to Benjamin.

In a statement on Graceland’s official Twitter account, the Presley family described itself as “shocked and devastated” by the death of Lisa Marie, who two days earlier had attended the Golden Globes, where the actor Austin Butler won an award for his portrayal of her father in last year’s Baz Luhrmann movie Elvis.

“My heart is completely shattered for Riley, Finley, Harper and Priscilla,” Butler said in a statement. “I am eternally grateful for the time I was lucky enough to be near [Lisa Marie’s] bright light and will forever cherish the quiet moments we shared.”

Elvis Presley’s Graceland passes to Lisa Marie’s daughters after her death (2024)

FAQs

Elvis Presley’s Graceland passes to Lisa Marie’s daughters after her death? ›

Following her death, Elvis Presley's legendary Tennessee estate will be passed down to her three children, Riley, Harper, and Finley. In the wake of Lisa Marie Presley's sudden death last Thursday, her three daughters are set to inherit their grandfather's legendary Memphis, Tennessee estate, Graceland.

Who gets Lisa Marie Presley's fortune? ›

Who inherits Lisa Marie Presley's estate? The Promenade Trust, which holds Graceland, represents the bulk of Lisa Marie Presley's estate. Lisa Marie's oldest daughter, Riley Keough, is the beneficiary of her late mother's estate.

Who lives in Elvis Presley's house now? ›

All about Elvis Presley's legendary Memphis home, and its staggering worth today. Share this: Now that Riley Keough's months-long legal battle over her late mom Lisa Marie Presley's estate with grandmother Priscilla Presley is settled, she is now the sole owner of Graceland.

How much is Graceland worth today? ›

Graceland is said to take in $10 million a year, and the entire estate is now believed to be worth between $400 - 500 million.

Did Priscilla Presley go to Lisa Marie's funeral? ›

Instead of delivering a personal eulogy, Priscilla Presley paid tribute to her child by reading a poem written by one of Lisa Marie Presley's daughters. “'I have no idea how to put my mother into words. Truth is there are too many,'” Priscilla Presley read on behalf of her granddaughter.

Who is the beneficiary of Lisa Marie Presley? ›

A Los Angeles judge approved Riley Keough as the sole heir of her late mother Lisa Marie Presley's estate, settling a legal dispute that began shortly after her death in January at age 54. The fate of Lisa Marie Presley's estate has been revealed.

Who inherits Graceland now? ›

The fate of Lisa Marie Presley's estate has been revealed. A Los Angeles judge officially approved Riley Keough, Lisa Marie's eldest child and Elvis Presley's granddaughter, to become the sole heir of her late mother's estate, according to multiple outlets.

Who is buried next to Elvis Presley? ›

Elvis was buried at his beloved Graceland estate upon his death in 1977, and his grave sits beside those of his mother Gladys and father Vernon. Lisa Marie, his only child, is also buried at Graceland, beside her son Benjamin Keough, who died in 2020.

Why did Riley Keough inherit Graceland? ›

Presley purchased the property in 1957 for $102,500. Following the January death of his only child, Lisa Marie Presley, and subsequent legal proceedings regarding the estate's custody, Elvis's granddaughter Riley Keough was granted sole ownership of Graceland.

Who cleans upstairs at Graceland? ›

Graceland's upstairs is maintained and persevered today by on-site archivist Angie Marchese, at the request of The King's daughter, Lisa Marie Presley. She has shared in the past that it's like Elvis just got up and left, with items exactly where he had them in 1977.

How much are Lisa Marie Presley's kids going to inherit? ›

Lisa-Marie Presley's three daughters to inherit Graceland estate worth $718 million. Lisa Marie Presley's three daughters will inherit the $718 million estate once owned by Elvis after her sudden death last week. Lisa Marie Presley and daughters Riley Keough and Harper and Finley Lockwood. Picture: Instagram.

Did Priscilla get any money from Elvis? ›

Priscilla and Elvis were married for six years. According to Celebrity Net Worth, when they divorced in October 1973, she received a one-time payment of $725,000. On top of that, Priscilla was granted spousal support, child support, 5 percent of Elvis' royalties, and half the money from the sale of their house.

How much is Priscilla Presley worth now? ›

Priscilla Presley's Net Worth

Celebritynetworth estimates her wealth at around $50 million, a testament to her ability to carve her own path after parting ways with Elvis Presley and establishing herself as an accomplished businesswoman, actress, and savvy real estate investor.

What did Lisa Marie leave in Elvis coffin? ›

Funeral Director Robert Kendall later recounted that Lisa Marie had approached the coffin but never raised her eyes to look inside. Apparently, she said; "Mister Kendall can I give this to my daddy?" She held out her hand and showed a thin metal bangle, a bracelet.

Did they bury Lisa Marie at Graceland? ›

Following Lisa Marie Presley's death on Jan. 12, after she was rushed to the hospital for a possible cardiac arrest at age 54, the daughter of the King of Rock and Roll was buried at the Memphis estate like her father and her late son, Benjamin Keough.

Who sang at Lisa Marie's funeral? ›

Music punctuated the service. Billy Corgan, lead singer of The Smashing Pumpkins, played acoustic guitar and sang “To Sheila;” Alanis Morissette sang “Rest;” Axl Rose, of Guns N' Roses, played piano and sang “November Rain;” and The Blackwood Brothers Quartet performed two songs.

Who inherits Lisa Marie Presley's estate after death? ›

After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Keough and Harper and Finley Lockwood, a representative for Graceland confirmed to People. Lisa Marie shared Riley with her ex-husband, Danny Keough, whom she divorced in 1994.

Who inherits the Presley's wealth? ›

The fate of Elvis Presley's Graceland mansion has been revealed. The Memphis, Tenn. estate will be inherited by Lisa Marie Presley's three daughters—Riley Keough and Harper and Finley Lockwood—following her death at age 54, a representative for Graceland confirmed to E! News on Jan.

Is Priscilla Presley wealthy? ›

Priscilla Presley's Net Worth

Celebritynetworth estimates her wealth at around $50 million, a testament to her ability to carve her own path after parting ways with Elvis Presley and establishing herself as an accomplished businesswoman, actress, and savvy real estate investor.

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