Lisa Marie Presley sues business manager after her $100m Elvis inheritance reduced to $14,000
Lisa Marie Presley is suing her former business manager for the loss of almost all her $100 million inheritance – accusing him of “reckless and negligent mismanagement” and claiming she has only $14,000 left. Elvis’s fortune had dwindled to only a few million dollars at the time of his death in 1977, but the power of the Presley brand – including the tourist attraction Graceland – meant assets were built back up into the $100m trust. Yet 25 years later Presley, now 50 and a singer in her own right, She accused him, in a law suit filed in ...
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