LISA MARIE PRESLEY inherited all of her father Elvis' wealth when she turned 25-years-old - but does she still own Graceland?
Lisa Marie Presley inherited a great deal of wealth when she turned 25-years-old and was able to take control of her father’s trust. In the meantime, Elvis’ father, grandfather and ex-wife had helped to grow Graceland into more than just The King’s former home. But now the site is open to tourists, is it still owned by Lisa Marie?
According to the official Graceland website, Lisa Marie Presley still owns Graceland.
The website reads: “Lisa Marie Presley retains 100 percent sole personal ownership of Graceland Mansion itself and its over 13-acre original grounds and her father's personal effects - meaning costumes, wardrobe, awards, furniture, cars, etc.
“She has made the mansion property and her father's personal effects permanently available for tours of Graceland and for use in all of EPE's operations.”
EPE, as mentioned, is Elvis Presley Enterprises, which is “the corporate entity that was created by the Elvis Presley Trust to conduct business and manage its assets,” namely is the main manager of Graceland.
