Priscilla Presley Net Worth 2021
The ex-wife of the late King of Rock and Roll Elvis Presley never remarried after their divorce in 1973. Instead, she targeted her film and TV career, starring in numerous films, hosting TV shows, and even started her own business. On the romantic plane, she dated Marco Garibaldi for years. She is successfully running her organisation and has managed to create quite a good-looking net worth.
She was born Priscilla Ann Wagner in Brooklyn on May 24, 1945. Her grandfather came to America from Norway, where he was born in 1899. Her father, a US Navy pilot James Wagner, was killed in a plane crash while Priscilla was simply six months old. Her mother, Ann, remarried in 1948 to a United States Air Force officer named Paul Beaulieu, from Quebec, Canada.
His career took his own circle of relatives throughout the United States, as he served in Maine, Connecticut, New Mexico, and Texas. In the late 1950s, he was transferred to Wiesbaden in Germany. It was there that Priscilla met Elvis Presley, while he was serving in the Army. They started a relationship, but her family was against it due to the fact that Priscilla was only 14.
In March 1960, Elvis returned to the United States and shortly rumors of his courting with Nancy Sinatra started filling the gossip magazines. Priscilla was sure that her romance with Elvis changed into over and forgotten.
However, they have been able to pick up their relationship again and by 1967 they have been married. Exactly 9 months after the wedding, Lisa Marie Presley was born. Due to Elvis’s constant infidelity, the marriage was short-lived and ended in divorce in 1973. Priscilla got a $725,000 cash settlement, half of the profits from the properties the couple shared, alimony, and even a percentage of his royalties.
On top of that, Priscilla became a trustee of Elvis’s property after his father died in 1979, following his son’s loss of life in 1977. She additionally controlled a trust fund for her daughter Lisa Marie.
Priscilla proved to be a very succesful businesswoman. She established Elvis Presley Enterprises (EPE), dealing with merchandising, publishing, and licensing deals. The majority of the stakes was owned by Lisa Marie, who sold her share. Priscila retains 15% of the ownership.
EPE also oversaw Graceland, which Priscilla developed into a major tourist attraction. A new exhibition was opened in Graceland in 2017, after a $45 million investment. A year earlier a $90 million hotel was added to the property to house the rising number of visitors.
Apart from managing her late husband’s property, Priscilla additionally earned a lot of cash on her own. Her main source of profits have been TV shows like Dallas and films like The Naked Gun. Her TV show Wedding at Graceland is currently airing on Hallmark Channel. She additionally owns a fashion and perfume line with her name.
For years, Priscilla and Lisa Marie have been seeking to produce a biopic about Elvis, but recent reports say that mother and daughter are having large variations withinside the path of the project.
Depending on the supply, Priscila Presley’s net worth is estimated to between $50 and $150 million. If a planned biopic about her and Elvis’s life together comes through, that quantity may be significantly higher.
