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Riley Keough cut a casual figure as she stepped out in Venice Beach on Tuesday, following news that she’s challenging a foreclosure auction sale of Graceland. The Daisy Jones and The Six star, 34, was joined by her husband Ben Smith-Petersen as they shopped for a Rivian Truck and did a test drive on a sunny afternoon.
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The actress — who became the sole trustee of her grandfather Elvis Presley’s estate after the 2023 death of her mother, Lisa Marie Presley — rocked a black sweatshirt with matching bike shorts that put her toned legs on display. She shielded her eyes with a pair of sunglasses and completed her casual outfit with white sneakers.
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The outing comes just a day before an injunction hearing is set to take place on Wednesday, after Keough filed a lawsuit against a ‘fraudulent’ auction of Elvis’ home and burial site. On Tuesday’s outing Riley was pictured holding hands with her husband, who sported a red shirt over a black tank top and jeans.
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The pair have been married since 2015. The duo share daughter named Tupelo Storm Smith-Petersen, who was born via surrogate in August 2022, and whose name is an homage to Elvis , who was born in Tupelo, Mississippi in 1935.
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On Monday it was revealed that Graceland, the former home of the legendary Elvis, is set to be sold off at a foreclosure auction this Thursday. According to a legal notice published this month, Graceland and surrounding land on Elvis Presley Boulevard will be auctioned off for cash to the highest bidder at Shelby County Courthouse on May 23, as per WREG-TV News. Keough, who is the current owner of Graceland, is challenging the sale with a lawsuit, claiming it is ‘fraudulent.’
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A temporary restraining order on the sale was issued on Monday, as per Keough’s attorney, and an injunction hearing is set for Wednesday. A representative for Graceland and Elvis Presley Enterprises told Dailymail.com in a statement, ‘Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counter lawsuit has been filed to stop the fraud.’
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According to the legal notice Riley’s mother, and Elvis’ only child, the late Lisa Marie, allegedly signed a Deed of Trust in 2018 in order to secure a $3.8 million loan, using Graceland as collateral. The alleged loan was taken through a Missouri company called Naussany Investments and Private Lending. Now, the company is claiming Lisa Marie did not pay back the money prior to her death at 54 last year. But Riley’s lawsuit, filed May 15 in Shelby County Chancery Court, claims that her mother did not borrow money from the company. ‘These documents are fraudulent,’ states the lawsuit.
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Keough alleges that her mother’s signatures on the deed are forgeries. The lawsuit also claims that Naussany Investments is not even a real company. The notary listed on the documents has denied that she notarized Lisa Marie’s signature or ever met her, as per the documents. The King of Rock and Roll bought the Graceland estate in 1957 for $102,500, the same year he recorded a slew of iconic hits including ‘Blue Christmas’ and ‘All Shook Up.’
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Lisa Marie inherited the estate after her father’s death in 1977. It was later opened to the public as a museum in 1982. When Lisa Marie died in January 2023 , her daughter became heir to the estate. The Graceland estate is an iconic symbol of arguably the greatest pop culture figure of all time.
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Located in Memphis, Tennessee, the 13.8-acre property attracts hundreds of thousands of visitors every year, as people remember one of America’s most impactful musicians. The property was constructed in 1939 by Ruth Brown Moore and her husband Dr. Thomas D. Moore, who named the property ‘Graceland’ after Ruth’s aunt Grace Toof, the original owner of the land.
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Graceland is known as a zany, folksy look into Elvis’ lifestyle, including the notable ‘Jungle Room’ filled with greenery and family heirlooms, which was initially used as a practical joke by Elvis, who purchased many items of furniture in an attempt to annoy his father. According to a video on the Graceland website, every item of furniture in the home is an original piece of furniture that was purchased during Elvis’ time there.
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Today, the property at 3763 Elvis Presley Blvd stands as one of America’s most famous musical landmarks, which was acknowledged in 1991 when it was added to the American National register of Historic Places. It features a museum that houses some of the most notable artifacts from his career, including a 40ft high wall that contains every single of the awards he was given after his death. Riley’s settlement over the ownership of the Graceland mansion was approved by a judge ten months after her mother Lisa Marie’s death in January 2023.
