Curious about Priscilla Presley’s net worth today? From her lavish lifestyle to her business ventures, we’re diving into the fascinating world of Priscilla’s wealth. Get ready to uncover the secrets behind her financial empire and discover just how much this glamorous icon is worth in the present day.
Things to know:
- Priscilla Presley’s net worth is approximately $50 million as of 2023.
- Priscilla Presley’s net worth does not account for the properties she sold, including her parents’ home for $3.6 million and her Beverly Hills home for $13 million.
- Priscilla Presley’s net worth is a result of her acting career, business ventures, and her divorce settlement from Elvis Presley.
- Lisa Marie Presley, Elvis’ daughter, had a negative net worth of approximately -$10 million, largely due to her father’s $100 million fortune she inherited at the time of his death.
- Priscilla Presley received a $1 million settlement from Riley Keough and has a reported net worth of $50 million.
- Priscilla Presley became the co-trustee of Elvis’ estate from 2010 to 2016 and has a reported net worth of $50 million.
Understanding Priscilla Presley’s Net Worth
As a cultural icon and businesswoman, Priscilla Presley has managed to amass a significant fortune. With a net worth of approximately $50 million in 2023, according to Celebrity Net Worth, she represents an intriguing figure in the landscape of celebrity wealth. Her financial journey is not just about the numbers but also the choices and ventures that have shaped her economic status over the years.
The Origins of Priscilla Presley’s Wealth
Priscilla’s financial narrative is intertwined with her personal life, particularly her marriage to the legendary Elvis Presley. Her net worth is partly a result of her acting career, which includes notable appearances in television series like “Dallas,” and films. However, a substantial portion of her wealth can be attributed to savvy business ventures and her divorce settlement from Elvis Presley.
The Business Ventures
After her separation from Elvis, Priscilla ventured into the world of retail with the opening of a boutique called Bis & Beau in 1973, along with her friend and stylist Olivia Bis. This move marked the beginning of her journey as an entrepreneur. While Bis & Beau is a piece of history now, it set the precedent for Priscilla’s business acumen.
Real Estate Transactions
Real estate has played a significant role in Priscilla Presley’s financial portfolio. She reportedly sold her parents’ home for $3.6 million in 2019, and not long after, she disposed of her Beverly Hills mansion for a staggering $13 million. These sales are not included in her current net worth but highlight her ability to capitalize on valuable assets.
More Celebs > What Is Priscilla Presley Worth Today? Understanding the Fortunes and Legacy of Elvis’s Ex-Wife
Priscilla’s Divorce Settlement and Elvis’ Estate
The dissolution of Priscilla’s marriage to Elvis Presley also contributed to her net worth. In 1973, she received a one-time payment of $725,000, which was quite substantial at the time. Moreover, as a co-trustee of the Elvis Presley estate from 2010 to 2016, Priscilla was instrumental in overseeing the financial legacy of the music icon, although the specifics of any financial benefits from this role are not publicly disclosed.
Lisa Marie Presley’s Inheritance and Debts
Contrasting Priscilla’s financial health, her daughter, Lisa Marie Presley, unfortunately, faced financial turmoil. Lisa Marie had a negative net worth of approximately -$10 million, primarily due to the mismanagement of the $100 million fortune she inherited from Elvis upon his death. After the passing of Elvis’ mother, Minnie Mae, in 1980, Lisa Marie became the sole beneficiary and inherited the entire estate on her 25th birthday in 1993. However, despite this inheritance, Lisa Marie’s financial status at the time of her death was fraught with difficulties.
Settlements and Legal Affairs
Priscilla Presley’s net worth has also been affected by legal settlements. She received a $1 million settlement from her granddaughter, Riley Keough, which was approved by a judge. This settlement further solidified Priscilla’s financial standing and added to her net worth.
Priscilla Presley’s Current Financial Standing
Today, Priscilla Presley’s net worth stands as a testament to her varied career and successful financial decisions. Outside of her acting and entrepreneurial endeavors, her real estate investments and the judicious management of her divorce settlement have all played a role in building her fortune.
Comparing Net Worths
When we compare Priscilla’s net worth to that of her late husband at the time of his death, it’s clear that she has managed her finances with a different strategy. Elvis’ net worth was approximately $5 million in 1977, equivalent to about $20 million today. Priscilla’s current net worth of $50 million is notably higher, reflecting her continued engagement in various business and investment opportunities.
Final Thoughts on Priscilla Presley’s Wealth
Priscilla Presley’s financial narrative is a complex tapestry woven from her time in the limelight, her business ventures, and her association with one of the most iconic figures in entertainment history. Her net worth is not simply a number but a chronicle of resilience, adaptability, and an enduring entrepreneurial spirit.
While we have discussed the components contributing to Priscilla Presley’s impressive net worth, it is essential to remember that wealth is more than numerical value. It is about the legacy one builds and the impact of one’s decisions over a lifetime. Priscilla Presley’s financial journey remains a fascinating story of success, challenge, and the power of reinvention.
What is Priscilla Presley’s net worth in 2023?
Priscilla Presley’s net worth is approximately $50 million as of 2023.
What was Lisa Marie Presley’s net worth when she died?
Lisa Marie Presley’s net worth was valued at about -$10 million, largely due to her father’s $100 million fortune she inherited at the time of his death.
Who gets Elvis Presley’s money now?
Lisa Marie Presley inherited Elvis’ entire estate on her 25th birthday on February 1, 1993.
How much money did Priscilla Presley get from Riley?
Priscilla Presley received a $1 million settlement from Riley Keough.
