Graceland in Memphis is closed today so Lisa Marie Presley can cross the velvet rope and rummage through all the couches and shag carpet in hopes of finding some change…a lot of change. Despite being the heiress to the hip-shaking empire, Elvis Presley’s daughter claims she is in deep debt doo doo to the tune of $16 million.
TMZ says the fiscal fallout news came after Lisa Marie filed documents in her ongoing divorce from Michael Lockwood. She claims she owes over $16 million, with more than $10 million of that coming from unpaid taxes between 2012 and 2015. Lisa Marie also has a house in England that she’s trying to ditch since she defaulted on the mortgage – apparently, that’s another $6 million. The rest of her financial dire straits came from credit card and unpaid attorney bills.
The whole thing comes as Michael wants her to pay $450,000 for his attorney fees, and she’s like, “Bitch, learn to squeeze a penny so hard the buffalo takes a shit.” Lisa Marie’s financial woes came to light last year when she accused her old money managers of decimating her $300 million fortune. She was said to be living rent-free with her daughter, Riley Keough, while her twin daughters stayed with Priscilla Presley.
Considering the fact that I’ll take an Uber four blocks if it’s so much as sprinkling outside, I’m probably not the best person to chat finances with, but this is still a real head-scratcher. Lisa Marie sold off 85% of Elvis Presley Enterprises in 2004 for $100 million, and the estate still brings in $20 million each year. Girl, just put that English estate on Airbnb and get Mama P to let you join her on all those speaking engagements where she talks about her time with Elvis. She can lead the convo with building a fortune, and you can close it by singing “Heart-broke Hotel.”