Large portions of Lisa Marie Presley’s life were deliberately kept private from the public.
Now, following her untimely passing, a disturbing secret has been brought to light.
It was last Thursday when the world was stunned by the tragic news of Lisa Marie Presley’s death.
Elvis Presley’s sole daughter was discovered deceased in her residence and rushed to the hospital. Shortly after, her 77-year-old mother Priscilla Presley confirmed the passing of her daughter, who was just 54 years old.
“It is with deep sorrow that I must announce the tragic loss of my beloved daughter, Lisa Marie,” Priscilla informed People magazine that evening.
A Family Haunted by Tragedy
Throughout the years, the Presley family has been shadowed by misfortune. The young Lisa Marie Presley lost her father when she was merely nine years old.
The entire world was shaken when Elvis Presley, a monumental and iconic musician of his era, passed away on August 16, 1977.
Lisa Marie followed in her father’s footsteps, establishing herself as a respected artist who also launched her music album. However, she was predominantly recognized as the daughter of a rock legend.
Lisa Marie finds solace in Elvis’ music – unveils poignant duet alongside never-before-seen family photos.
Lisa Marie Presley’s Son’s Tragic Loss
Yet, the sorrow of losing her father at a tender age was not the sole tragedy in Lisa Marie Presley’s life, as she also endured the heartbreaking loss of her own child.
In 2020, the singer shared the devastating news of her son Benjamin’s passing.
“She is in disbelief and shattered, but strives to remain resilient for her 11-year-old twins and her eldest daughter Riley. She cherished her son. Benjamin was the light of her life,” Lisa Marie’s manager Roger Widynowsk revealed at the time.
The Startling Revelation
Following Lisa Marie Presley’s tragic demise, revelations indicate that the star was facing severe financial struggles before her death.
Posthumously, a startling truth emerged regarding how Lisa Marie Presley had exhausted her father’s entire inheritance.
Upon being granted control over the estate, valued at over $100 million, as per the New York Post, sources claim the substantial fortune rapidly dissipated – partly due to Lisa Marie’s lavish lifestyle.
Reportedly, she was spending around $92,000 monthly on general living expenses, a significant amount considering she received approximately $104,000 monthly from Elvis Presley Enterprises through her father’s estate.
Lisa Marie Presley’s Enormous Debts
Extravagance, unwise financial decisions, and substantial expenses ultimately culminated in the depletion of the entire inheritance. Additionally, she purportedly owed a million dollars in taxes.
In a proceeding held last November, Presley was obligated to disclose her personal financial state.
At that time, she revealed owning around $100,000 in cash and $700,000 in various shares. However, in comparison to her liabilities, this was insignificant.
Despite facing significant debts upon her passing, as the sole proprietor of her father’s cherished Graceland, Lisa Marie Presley was believed to have been able to settle her debts.
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