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Elvis Renaissance Helps Graceland Make Up Its Debt Payments
Graceland's revenue is up almost 40% as people visit for longer stays, owner says. The 120-acre Memphis estate is the second-most-visited private home in the US.
Graceland upstairs archivist on if Elvis' bedroom will open now Riley Keough owns mansion Elvis' granddaughter Riley Keough and her two teenage half-sisters have inherited the mansion and all its contents following the sudden death of their mother Lisa Marie in January. Angie Marchese, VP of Archives & Exhibits, who has worked at Graceland since 1989, said: “No. Unfortunately, [the upstairs won’t be opened up to the public as] it still means a lot to them”
Lisa Marie Presley's million-dollar estate in financial trouble again after Riley Keough, Priscilla Presley dispute – details The Promenade Trust is being sued by a private lending company. They claim Lisa Marie failed to make good on a $3.8 million loan. She listed her stake in Elvis Presley Enterprises, plus Graceland, as collateral.
Lisa Marie Presley's estate sued over $3.8million 2018 unpaid loan - eight months after star's... Naussany Investments & Private Lending, LLC have claimed Presley first took out the loan in May 2018 - putting up her ownership stake in Elvis Presley Enterprises and Graceland as collateral. The company also alleges Presley borrowed $450,000 in July 2016 - with the loan repaid in full the next month. Per a letter signed by the late star, Presley agreed to pay off the $3.8million loan in full by May 16 2022. But NIPL's attorneys claims they had no contact with Presley after March 2022, despite allegedly attempting to contact her and collect the debt. They will drop the case if Presley's estate repays 75 per cent of the loan ($2.85million) within 45 days.
Lisa Marie Presley final days: ‘Best mood since Elvis' grandson died’ says Graceland boss Graceland boss Joel Weinshanker paid tribute to The King's daughter in a special celebration of her life with Memphis Mafia member Jerry Schilling and Elvis ex Linda Thompson. He spoke warmly of her involvement on Baz Luhrmann’s biopic and how she was having a great time during her last days.
The key players in the battle for Elvis’ estate, from Priscilla to Riley Keough At the time of Elvis’s death, the estate was generating an annual income of just $1m, almost half of which was swallowed up by the cost of maintaining his home, Graceland. It was Priscilla who would save the estate from bankruptcy and dissolution. In 1981 she established Elvis Presley Enterprises Inc (EPE), and the following year opened Graceland - and its gift-shop - to the public.
Graceland, now owned by Riley Keough, was once worth $5 million, but it's much more now – details Elvis Presley bought Graceland for $100,000 in 1957. His ex-wife Priscilla Presley opened the home to the public in 1982. Riley Keough is now the sole owner of Graceland.
Riley Keough says Michael Jackson’s Neverland felt more like home than Graceland Riley Keough is the first grandchild of Elvis Presley and Lisa Marie Presley. She is now the sole trustee of her grandmother's estate, Graceland. In a new interview, she discusses her childhood and relationship with Michael Jackson.
Riley Keough reveals relationship with grandma Priscilla Presley all shook up: 'A bit of upheaval' Riley Keough, 34, was named the sole trustee of mother Lisa Marie Presley’s estate and the new owner of Graceland on Friday. Shortly after Lisa Marie died on Jan. 12, Priscilla Presley filed a petition disputing a 2016 amendment to Lisa Marie's will that had removed her as co-trustee.
Elvis granddaughter Riley Keough on her Graceland upstairs antics ‘I shouldn’t say this’ Riley Keough, 34, is the eldest living direct descendant of Elvis Presley. She is the sole owner of his estate and oversees the sub-trusts for her half-sisters Harper and Finley Lockwood, who are 14. The actress grew up visiting Graceland, which became a museum in 1982.
Riley Keough enjoys rare outing with father Danny in LA... after becoming sole trustee of Lisa... Riley is now the sole trustee of Lisa's estate and the current owner of Graceland. Her grandmother will still have the role of a special advisor and will additionally receive a monthly installment.
Lisa Marie Presley's daughter named sole trustee of her estate after family feud Riley Keough named sole trustee of her mother Lisa Marie Presley's estate. Her grandmother Priscilla Presley had filed a lawsuit to challenge her will. The legal drama caused a rift with her granddaughter, but it seems the pair have now worked through their issues. Riley will now own Elvis's former Graceland home in Memphis, Tennessee.
Riley Keough claims victory of Lisa Marie Presley estate after legal battle with Priscilla Riley Keough has been named the sole trustee of Lisa Marie Presley’s entire estate and now owns Graceland. A Los Angeles Superior Court judge approved the settlement proposed by Riley, 34, on Friday. The actress will now preside over the sub-trusts of her 14-year-old half-sisters Finley and Harper Lockwood, Lisa Marie's daughters from her marriage to Michael.
Riley Keough is named sole trustee of late mom Lisa Marie Presley's estate and now OWNS Graceland,... Riley Keough, 34, is now the sole trustee of her late mother Lisa Marie Presley's estate and owns Graceland. It comes after a lengthy court battle instigated by her grandmother Priscilla in the wake of the death of her mother. Keough reached an agreement with her grandmother in June of this year, and agreed to pay her $1.4 million.
Elvis Presley's planes to remain at Graceland | AP News Graceland says Lisa Marie and Hound Dog II will remain at the Memphis tourist attraction. The announcement ends confusion about the future of the planes. The planes were once used by the King for travel to performances after he bought them in the 1970s.
Elvis Presley's intellectual property rights sold | AP News Authentic Brands Group says it has bought Elvis Presley’s intellectual property. As part of the deal, National Entertainment Collectibles Association founder Joel Weinshanker acquires Graceland's operating rights. Priscilla Presley: “This is an exciting day for Elvis and his fans”
Lisa Marie Presley smashed Graceland protocol for Elvis Presley movie Lisa Marie Presley died on January 12, 2023, from a bowel obstruction. She had been hard at work promoting the biopic movie about her father, Elvis Presley, which was simply titled Elvis. The 54-year-old opened up her home at Graceland to help them with their filming. She also welcomed the film's production team into Graceland.
Riley Keough named Lisa Marie Presley estate's sole trustee, Priscilla to be buried at Graceland Riley Keough is petitioning the Los Angeles Superior Court to approve the settlement she reached in May with her grandmother, Priscilla Presley. Lisa Marie's trust included ownership of Graceland and a 15% stake in Elvis Presley Enterprises.
Riley Keough requests court approve her as sole trustee of late mother Lisa Marie Presley's estate Daisy Jones & the Six star, 34, has filed paperwork requesting the court finalize the arrangement regarding the trust of her late mother. The will contains the rights to the Graceland mansion and a 15 percent stake in Elvis Presley Enterprises.
Riley Keough becomes sole trustee of her mother Lisa Marie's will - Los Angeles Times Riley Keough filed a petition Monday to approve a settlement that would involve an undisclosed payout to her grandmother. The agreement allows for Elvis’ widow, Priscilla, to be buried at Graceland, which Keough now owns.
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