Lisa Marie Presley net worth 2023 and cause of death

Lisa Marie Presley net worth 2023 and cause of death

Elvis Presley’s daughter Lisa Marie Presley is currently suffering from a negative net worth balance, find out more details

Despite having spent many years working in the music industry and receiving money from her father Elvis Presley’s estate Lisa is still under heavy debt.

Lisa Marie Presley died at age 54 after going into cardiac arrest and being placed in a medically-induced coma just days after appearing at the Golden Globe awards.

Lisa Marie Presley net worth in 2023 and cause of death

Advertisement

According to reports, Lisa was rushed to the hospital following a cardiac arrest on January 12.

Lisa Marie Presley negative net worth

Lisa Marie Presley is reportedly suffering a negative net worth because of her debts. The singer has a debt of nearly $16 million. Back in 1993, when Lisa turned 25-years-old, she inherited the Elvis estate which was then worth over five million. However, Lisa received the estate with a lot of debt. Around 2004 the estate had a debt of around $25 million.

Later the next year, Lisa sold 85% of the estate and kept the other 15%. The sale managed to clear all of the debts and the singer even earned around $53 million. However, the large sum did not last long because in 2018, when Lisa filed her divorce, she had a debt of around $16.7 million.

Her documents also stated that she receives “a monthly salary of $4,361 from her father Elvis Presley’s estate. Moreover, Lisa also receives $100,000 in dividends and interest from investments. However, all these income sources still seem to be not enough to cover her debts.

Advertisement

Net worth of Elvis Presley during his death

According to various sources, Elvis Presley had an estimated net worth of around $20 million during his death.

Back when Elvis was alive, he was a legendary singer who rose to fame with his outstanding performances. His performances earned him several roles in commercials, television series, and movies. He also enjoyed many brand sponsorships, which helped boost his net worth.

Lisa Marie Presley health condition

According to reports, Lisa Marie Presley is apparently in a critical health condition after being rushed to the hospital when EMTs responded to her home. According to the same sources the paramedics reportedly performed CPR on her before rushing her to the hospital. Medical officials had to perform epinephrine to help the singer regain a pulse.

ALSO READ: It’s going to be a lovely game of chess: Labuschagne on facing Ashwin in next month’s Test series

Recommended: Sports Fan App

Advertisement