Why 2022 was the year of Elvis mania: from disputed love children and the Austin Butler biopic to Lisa Marie Presley losing millions, The King of Rock ‘n’ Roll is still making headlines

Elvis Presley looking sharp in his early prime. Photo: @elvis_presley___fans/Instagram

Elvis Presley fans were all shook up, counting down the days for the rock legend’s big budget biopic, that hit theatres worldwide in late June after nearly a decade’s wait.

Elvis Presley with wife Priscilla and daughter Lisa-Marie. Photo: @priscilla.presley_/Instagram

Credited with kick-starting the genre we now know as rock ‘n’ roll, Elvis Presley was the icon of his generation, and arguably the first and biggest superstar in music history – a man capable of causing a national outrage with nothing more than the movement of his hits.

And as rock first’s superstar, we can also credit him as the one who invented the idea of rock ‘n’ roll excess, and soon became renowned for his extravagant spending – and eating – habits. As he once famously said, “You can have cars, you can have money, you can have a fabulous home, you can have everything. If you’re not happy, what have you got?”
With Austin Butler now tipped for an Oscar for his role playing the legend on screen, it’s suddenly Presley season again. So here’s a look back at the King of Rock ‘n’ Roll’s riches and romances.

Living like a king

Elvis Presley ready to rock the International Hotel, Las Vegas, in 1969. Photo: @jmhound/Instagram

Presley was known for his out-of-control spending, once gifting 32 Cadillacs to friends and relations in a single day. His biggest payout however might have been the US$750,000 awarded in his divorce from first and only wife Priscilla.

With Elvis Presley’s fame came fortune – and he spent like there was no tomorrow. Photo: @visitgraceland/Instagram

The “Jailhouse Rock” singer owned several properties, including Graceland and a Beverly Hills mansion where he once met The Beatles, and even bought former US President Franklin D. Roosevelt’s yacht. Read more about his epic spending here:

Living like a king: how did Elvis Presley spend his millions?

The manager who skimmed half of Elvis Presley’s millions

Colonel Tom Parker and Elvis Presley. Photo: @flippy.elviss/Instagram

Gambling-, circus- and cigar-loving illegal immigrant: that’s who created the buzz behind the King of Rock ‘n’ Roll, Elvis Presley.

Colonel Tom Parker was the one person you’d see at Presley’s side all the time but the relationship between the “Heartbreak Hotel” singer and the man who elevated him onto the throne was anything but smooth.

Colonel Tom Parker and Elvis Presley. Photo: Instagram @priscillapresleyelvisfan

The colonel is a divisive figure who allegedly skimmed off half of all Elvis’ heyday profits. So who was the man that gave the world so much but, at the same time, took so much from the person he got everyone to adore? Here is a deeper look into Elvis Presley and manager Tom parker’s controversial relationship:

Who was Colonel Tom Parker, Elvis Presley’s controversial manager?

How did Lisa Marie Presley lose all the Elvis millions?

Musician Lisa Marie Presley following in her dad’s footsteps at the 2013 CMT Music Awards in Nashville, Tennessee, US. Photo: Getty Images

We all know the name Lisa Marie Presley thanks to her famous family and notable ex-husbands. She is, of course, the only daughter of the King of Rock ‘n’ Roll, Mr Elvis Presley, with actress Priscilla Presley.

And the 54-year-old’s own former spouses include a certain King of Pop, Michael Jackson, and Hollywood hardman Nicolas Cage – as well as musician Danny Keough and music producer Michael Lockwood.
Lisa Marie Presley and Michael Jackson. Photo: @lischael/Instagram

But despite the showbiz pedigree, it’s both surprising and shocking to learn that Lisa Marie’s financial status is firmly in the red. According to various sources, her current net worth is ranked at minus US$16 million. Here is how the young Presley racked massive debts:

How did Lisa Marie Presley lose all the Elvis millions?

Elvis Presley’s love interests

Ginger Alden first met Elvis Presley alongside her sisters on a visit to Graceland. Photo: @ElvisInArkansas/Twitter

King of Rock ‘n’ Roll and keeper of many hearts, Elvis Presley was famously charming around women, and continued to win many of them over not just in his heyday, but for years afterwards. It also didn’t hurt that he had the good looks, the fame and a voice and onstage persona that had become a cult obsession, of course.

Another of Elvis’ muses, Linda Thompson. Photo: @ltlindathompson/Instagram

And despite the often huge age gaps and rumours of infidelity, many of his exes still only have good things to say about the music legend. Here, we take a look at the women that Presley met and fell in love with …

Meet the 6 women Elvis Presley fell ‘in love’ with

Elvis Presley’s love children

Is Desirée Presley really Elvis’ daughter? Photo: @desireepresleyofficial/Instagram

The “Heartbreak Hotel” singer only recognised one child with wife Priscilla Presley – Lisa Marie, see above – but also dated several more women including Natalie Wood, Ann Margret and Linda Thompson.

Since his death, many of their children have come forward to claim they’re the “rightful” heir to his fortune – though many Elvis Presley fans have dismissed them as fraudsters

Elvis Aaron Presley performs The King’s songs, but does he share Elvis’ genes? Photo: Record-Journal/YouTube

Is Lisa Marie Presley The King’s only child? Here is what we know about Elvis and his alleged offspring:

Elvis Presley’s love children? 4 people who claim to be The King’s illegitimate offspring

The richest Presley in 2022?

Priscilla Presley has worked her investments hard. Photo: @priscillapresley/Instagram
Being one of the most successful and well-known musicians and performers of all time, you’d think Elvis would be a billionaire artist like Jay-Z. But that wasn’t the case back in the day.

However, the King’s image has made a lot more money after his death. In the early 1980s, his ex-wife Priscilla took control of his estate and opened Graceland to the public in 1982. It went on to draw 700,000 attendees a year, according to Rolling Stone, and by the end of the decade, the Presley estate was raking in an impressive US$15 million annually.

Lisa-Marie and Priscilla Presley (centre left and centre right) with Elvis Presley’s grandchildren: Harper and Finley Lockwood (far left and far right) and Riley Keough (second from the right). Photo: Instagram @rileykeough

Thanks to ongoing merchandise and branding sales, Rolling Stone estimated his estate’s net worth to be between US$400 million to US$500 million in 2020. Here’s how rich the Presley family members are in 2022:

Who’s the richest Presley? Elvis and family’s net worths, ranked

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  • Nearly 50 years after his death, Elvis is still making the news with fresh revelations about his personal life bubbling to the surface in the wake of Baz Luhrmann’s Oscar-tipped biopic
  • From how he spent his fortune to Presley’s many romances, love children claims and how much his estate still makes today, this is STYLE’s look back at the year of Elvis mania