ELVIS PRESLEY is known for being the King of Rock ‘n’ Roll.
Before his death in 1977, his successful musical career racked up a large sum of money, but fans want to know exactly how much.
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Elvis Presley served a short number of time in the US ArmyCredit: EPA
How much was Elvis Presley worth when he died?
Following a successful career and becoming a household name, Elvis Presley had a large net worth before he passed away.
The star accumulated his fortune from his music career and through his constant performances.
Elvis is thought to have had around $5million at the time of his death, which nowadays would be an estimated $20million, according to StyleCaster.
Despite having millions in the bank, it’s thought that the amount 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, at the early age of just 42, Elvis left his fortune to multiple family members.
Money was left to Elvis’ father, grandmother, and his daughter, Lisa Marie, who he had with his ex-wife, Priscilla Presley, in 1968.
Nothing was left to Elvis’ mother Gladys due to her death in 1958.
After her grandfather and great-grandmother’s deaths in 1979 and 1980, Lisa Marie was left as the sole inheritor.
However, by 2023, Lisa Marie had a negative asset of -$16million, as per Celebrity Net Worth, before her death on January 12.
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Colonel Tom Park was Elvis’ managerCredit: Alamy
What happened to Colonel Tom Parker?
Colonel Tom Parker was a music entrepreneur, well-known for being Elvis’ manager.
Tom was born Andreas Cornelis van Kuijk in the Netherlands on June 26, 1909, but 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.
