Priscilla Presley Net Worth: How She Became a Millionaire?

By Meagan Williams On May 31, 2023

Priscilla Presley net worth has become a topic of interest for many fans and critics alike as they seek to understand just how much the actress is worth. This article will explain Priscilla Presley’s net worth and explore the factors contributing to her financial success.

About Priscilla Presley

The most well-known aspect of Priscilla Presley’s career is acting, business, and marriage to Elvis Presley. In 1980, Priscilla established the Elvis Presley Company and ran it until 1981. After their divorce in 1973, she began her own business, produced various films and television shows, and worked as an actress in many pictures. She currently runs a thriving business in addition to her mini-empire.

Her income from book deals, Elvis Presley-related films and TV series, and the sale of her Graceland estate, is primarily her responsibility. She is also referred to as the Rock ‘N’ Roll queen. The queen of Rock ‘N’ Roll is still alive, but the king is no more. She puts a lot of effort into her business work and succeeds. The most current reports indicate that Priscilla Presley has an excellent financial situation. First, she married Elvis Presley. That had to be advantageous.

After splitting from Elvis, Priscilla tried her hand at several short-lived business ventures, like her apparel brand Bis & Beau. Although she has made a considerable amount of money with her line of perfumes and home items, her efforts to protect Elvis’ legacy have been the most fruitful and profitable.

Biography of Priscilla Presley

She was born on May 24, 1945, meaning that as of 2023, Priscilla Presley age is 78. Her parents are James Wagner and Anna Lillian Iversen. She married Elvis Presley on May 1, 1967, when she was 21. However, she ended her marriage to Elvis Presley in 1973 and did not remarry after her divorce.

When she first met Elvis, Presley was 14 years old and lived in Germany with her parents. Presley agreed to finish her education soon after, moved in with the music legend Elvis Presley in Memphis, Tennessee, and the two later got married. On February 1, 1968, they became parents to Lisa Marie.

Career

In 1973, Priscilla and a friend launched a Bis & Beau store in Los Angeles. Celebrities, including Cher, Barbra Streisand, and Natalie Wood, frequented the store before it closed in 1976. Lisa Marie’s executor was Priscilla at the time of Elvis’ passing in 1977. She collaborated with CEO Jack Soden to make Graceland into a well-liked tourist site after discovering how much of her daughter’s inheritance would go to Graceland.

When Graceland opened on June 7, 1982, fans came there in droves; it has been a National Historic Landmark since 2006 and hosts more than 650,000 visitors annually. Priscilla served as the president and chairwoman of Elvis Presley Enterprises when Lisa Marie Presley reached the legal inheritance age, and the estate was worth more than $100 million.

Priscilla also produces a variety of films and TV shows, such as “Breakfast with Einstein,” “Elvis and Me,” “Finding Graceland,” and the upcoming Netflix adult animated series “Agent King.” She played Jane Spencer on “Dallas” from 1983 to 1988 and was a member of the board of directors of Metro-Goldwyn-Mayer since 2000. The love interest of Frank Drebin in each of the three “The Naked Gun” films. A leading role in “Charlie’s Angels” was also offered to Priscilla, but she turned it down.

Priscilla Presley Net Worth

Priscilla Presley is an American actress and entrepreneur with a $50 million net worth. Presley is best known for her marriage to Elvis Presley and her parts in “The Naked Gun” trilogy and “Dallas.” Elvis Enterprises was established by Priscilla in 1981, and she oversaw it through the late 1980s. The memoir Presley wrote in 1985, “Elvis and Me: The True Story of the Love Between Priscilla Presley and the King of Rock N’ Roll,” was a “New York Times” bestseller. Presley is also a published author.

Priscilla Presley Hollywood Calls

Although one might assume that Presley was financially secure and didn’t need to look for work, Priscilla was driven by ambition and kept looking for chances to use her skills. If fans didn’t know, Presley co-starred with Leslie Nielsen in all three The Naked Gun movies and was a famous Dallas cast member from 1983 to 1988.

Priscilla Presley Memoir

According to Biography, Presley wrote a best-selling memoir titled “Elvis and Me” in 1985 that recorded her relationship with the famous artist and described what it was like to live in the spotlight. Presley’s information about her spouse may have drawn fans as audiences got to know the couple better.

Business Ventures

In Los Angeles, Presley launched Bis & Beau after divorcing her husband. Celebrities and friends, including Cher, Barbara Streisand, and Natalie Wood, frequented the store, but it shuttered after only three years. Later, Presley launched lines of colognes, fine linens, skin care items, and other goods.

Keeping the Legacy Alive

Lisa Marie, nine years old when Elvis died of a heart attack in 1976, received all he had as part of his testament. Presley took over as Lisa Marie’s executor and immediately recognized the financial difficulties her daughter would soon face.

One of the most well-known tourist destinations in the world opened to the public in 1982. The Graceland mansion tour and additional property receive more than 650,000 tourists annually. When Lisa Marie was old enough to inherit in 1993, the estate was worth more than $100 million thanks to Elvis Presley Enterprises, the business Presley founded.

Relationship with Elvis Presley

At a meeting held at Elvis’ home in Bad Nauheim in September 1959, Priscilla first got to know Elvis Presley. Her parents weren’t thrilled about the idea of Priscilla, 14, and 24-year-old Elvis dating, but Presley won them over by showing up at their home in uniform. After Elvis departed West Germany in March 1960, she communicated with him on the phone, and she later saw him in Los Angeles in 1962.

To be able to complete her high school education at Immaculate Conception High School and live away from Graceland, Priscilla moved to Memphis, Tennessee, in March 1963. Priscilla wanted to meet Elvis when he was working in Hollywood, he advised her to stay in Memphis. When Priscilla challenged him about a rumor about his relationship with “Viva Las Vegas” co-star Ann-Margaret, he said it was only a rumor to promote the movie. Elvis continued to have relationships during his relationship with Priscilla with a number of his co-stars.

On May 1, 1967, in Las Vegas, Priscilla and Elvis were united in marriage; their daughter Lisa Marie was born on February 1 of the following year. Priscilla reportedly had a relationship with the dance teacher while taking private lessons, which she claims made her realize she wasn’t getting enough from her marriage. Later, Elvis convinced her to take up karate, and she soon fell in love with Mike Stone, her instructor.

As part of the couple’s divorce on October 9, 1973, Priscilla received a financial settlement of $725,000, child support, spousal maintenance, 50% of the earnings from the sale of their Beverly Hills home, and 5% of the royalties from Elvis’ publishing companies. Additionally, they decided to divide Lisa Marie’s custody.

The reason behind the death of Elvis

On August 16, 1977, Elvis Presley passed away at his Graceland home in Memphis, Tennessee. Cardiac arrest was listed as the official cause of death. Many people think that Elvis’ long history of drug misuse contributed to his passing.

On January 8, 1935, Elvis Presley was born in Tupelo, Mississippi. Elvis grew up in a region of extreme poverty and got employment as a truck driver after finishing high school. He went to a Memphis recording studio a few months after finishing high school to record songs for his mother.

Heartbreak Hotel, his first recording for RCA, became an instant hit in early 1956. Elvis’ musical taste shifted in 1960 due to his military discharge. For romantic, tragic ballads, he avoided using edgy, rhythm-and-blues-influenced compositions. Burning Love, released in 1972, was the last item in his list of the Top 10.

Who gets benefits from Elvis Real Estate?

His estate was administered by the trust established after he passed away in 1977. His daughter Lisa Marie manages the trust, and any income from the estate is transferred to her. The trust then utilizes the funds to care for Elvis’ assets, donate to his charity endeavors, and give Lisa Marie an inheritance. Only his daughter is the sole owner of the entire estate. The Trust for Elvis Presley was founded in 1993.

He had a significant impact on the American music industry throughout his life. In addition, he is well-known for his iconic Las Vegas act. His powerful gospel, country, and blues recordings are also well known. His enthusiastic vocal delivery has earned him a great deal of fame.

After her father’s passing, Lisa Marie Presley was thought to be the only heir to the estate. According to Elvis’ testamentary directive, her inheritance will be held in trust, dated February 1, 1993. Presley’s sudden death in 1977 prevented him from receiving authorities from selling his albums and earnings from his films.

The estimated Priscilla Presley net worth is $50 million. He became well-known worldwide due to the success of over a billion recordings and 100 films. His charity activities were well-known, especially those of the Elvis Presley Foundation. He has left behind a lasting legacy.

Priscilla Presley Real Estate

Presley paid $170,000 for the Los Angeles home she bought for her parents in 1976; in 2019, she sold it for $3.9 million. She owned a 7,000-square-foot Beverly Hills mansion for many years. After her divorce from Elvis, she settled into her home. Priscilla put her house on the market in August 2020 for an eye-catching $16 million. She sold this house for $13 million at the end of 2020. For well under $5 million, she bought a penthouse in Century City, California, in January 2021.

Priscilla Presley Social Media Account

She is active on Instagram with the username priscillapresley. She has 663k followers on her Instagram account and is also active on Twitter with a user name of @Cilla_Presley with followers of 179.2k. She stays updated on her social media accounts to keep her followers engaged. Her Facebook account with the user name of Priscilla Presley has 958k followers on the Facebook platform.

Conclusion

Priscilla Presley Net Worth estimated is $50 million. She is a famous actress and a businesswoman in America, and she wedded Elvis Presley when she was only 21 years old. She may have become well-known through her marriage, but her success as an actress and businesswoman has allowed her to maintain that status. Even if the king is no longer alive, the queen continues to prosper financially on her terms. After separating from Elvis Presley, she opened her boutique in Los Angeles. She established Elvis Presley Enterprises in 1979 following its passing, serving for many years as its chairperson and president.

Faq’s

How did Elvis Presley wife die?

The wife of Elvis Presley is not dead, and she is still alive.

How old was Priscilla when she married Elvis?

She was only 21 years old when she married Elvis Presley.

How much money did Lisa and Priscilla get inherited from Elvis?

They decided to split custody of their children during the divorce proceedings and divorced each other on October 9, 1973. In addition to the various benefits she was entitled to, Priscilla received a cash payment of $725,000, child support, spousal support, 50% of the proceeds from the sale of their Beverly Hills home, 5% of the earnings from Elvis’ writing companies, and an additional 20% of royalties.

How long were Elvis and Priscilla married?

From 1967 to 1973, Elvis Presley and Priscilla Presley were married for six years.