How much was Elvis Presley worth when he died?
ELVIS PRESLEY is known for being the King of Rock ‘n’ Roll before he died in 1977.
He was hugely successful through his career, but how much was he worth before he died?
How much was Elvis Presley worth when he died?
Following a successful career and being a household name, Elvis Presley had a large net worth when he passed away.
The star made his fortune from his music career and constantly performing.
Elvis is thought to have had around $5 million at the time of his death, which nowadays would be an estimated $20 million, according to StyleCaster.
Despite having millions in the bank, it’s thought that the amount less was significantly less than what he earned throughout his career.
The singer’s expense was the purchase and maintenance of his Graceland mansion in Memphis, which continues to earn millions as a historic tourist site from the public every year.
The Presley estate also rakes in millions due to licensing fees.
What happened to Elvis’ fortune?
After passing away in 1977 aged just 42, Elvis left his fortune to multiple family members.
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Money was left to Elvis’ father, grandmother and his daughter, Lisa Marie, who he had with ex-wife Priscilla Presley in 1968.
Nothing was left to Elvis’ mother Gladys due to her dying in 1958.
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After her grandfather and great grandmother’s deaths in 1979 and 1980, Lisa Marie was left as the sole inheritor.
What happened to Colonel Tom Parker?
Colonel Tom Parker was a music entrepreneur who was Elvis’ manager.
Tom was born in the Netherlands on June 26, 1909 and called Andreas Cornelis van Kuijk but he then emigrated illegally to the United States when he was 20.
His immigration status wasn’t revealed for years.
Tom discovered Elvis in 1955 when he was 20, but their partnership wasn’t always smooth sailing.
Tom’s last public appearance was in 1994 where at that point he was stricken with diabetes, gout, and other health problems that meant he could barely leave his own house.
He died in 1997 due to complications from a stroke.