Priscilla Presley Net Worth: A Deep Dive into the Life of a Hollywood Icon

Priscilla Presley’s net worth is a testament to her resilience and business acumen. Explore her journey from Graceland to Hollywood and the factors contributing to her financial success.
Priscilla Presley
Priscilla Presley

Introduction

Hey there! Today, I’m diving into the fascinating world of Priscilla Presley, an American businesswoman and actress who has left an indelible mark on Hollywood and beyond. Known for her marriage to the legendary Elvis Presley and her successful business ventures, Priscilla has built a substantial net worth over the years. Let’s explore her life, career, and the factors contributing to her impressive financial standing.

AttributeInformation
OccupationBusinesswoman, actress
Date of BirthMay 24, 1945
Birth PlaceBrooklyn Naval Hospital, Brooklyn, New York
CountryUnited States
Net Worth$50 million (as of 2023)
Source of IncomeActing, business ventures, royalties from Elvis Presley Enterprises, real estate investments
Height5 feet 4 inches (163 cm)
EthnicityCaucasian
ParentsJames Wagner (biological father), Anna Lillian Iversen (mother), Paul Beaulieu (stepfather)
SiblingsNone
SpouseElvis Presley (married from 1967 to 1973)
ChildrenLisa Marie Presley (daughter with Elvis), Navarone Garibaldi (son with Marco Garibaldi)
GrandchildrenRiley Keough, Benjamin Keough (Lisa Marie’s children)
Priscilla Presley
Priscilla Presley

Early Life and Background

Priscilla Ann Wagner was born on May 24, 1945, at the Brooklyn Naval Hospital. Her father, James Wagner, was a Navy pilot who tragically died in a plane crash when Priscilla was just six months old. Her mother, Anna Lillian Iversen, later remarried Paul Beaulieu, a United States Air Force officer, and the family moved frequently due to his military career.

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Meeting Elvis Presley

Priscilla’s life took a dramatic turn when she met Elvis Presley in Germany in 1959. She was just 14 years old, and Elvis was already a massive star. Despite their age difference, the two formed a close bond, and Priscilla eventually moved to Graceland to be with him.

Marriage to Elvis Presley

Priscilla and Elvis tied the knot on May 1, 1967, in a private ceremony in Las Vegas. The wedding was a media sensation, and the couple quickly became one of the most famous pairs in the world.

Life at Graceland

Living at Graceland was a unique experience for Priscilla. The mansion, located in Memphis, Tennessee, was a hub of activity, with fans constantly trying to catch a glimpse of the King of Rock ‘n’ Roll. Despite the challenges, Priscilla adapted to her new life and even gave birth to their daughter, Lisa Marie Presley, on February 1, 1968.

Divorce and Aftermath

Sadly, the couple’s marriage didn’t last. They divorced in 1973, but Priscilla and Elvis remained close friends until his untimely death in 1977. The divorce settlement included a cash payment of $725,000, spousal support, child support, and half of the proceeds from the sale of their Beverly Hills home.

Career and Business Ventures

After her divorce from Elvis, Priscilla pursued a career in acting. She made her television debut in the series "Dallas" and later appeared in the popular "Naked Gun" film series. Her acting career added significantly to her net worth and helped her establish herself as a talented performer in her own right.

Elvis Presley Enterprises

One of Priscilla’s most significant achievements is her role in founding Elvis Presley Enterprises (EPE). After Elvis’s death, Graceland was in danger of being sold due to financial difficulties. Priscilla took charge and transformed Graceland into a major tourist attraction, ensuring its preservation and creating a steady stream of revenue.

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Business Ventures

In addition to her work with EPE, Priscilla has been involved in various business ventures. She launched her own line of fragrances and linens, further increasing her net worth. Her keen business acumen and determination have played a crucial role in her financial success.

Priscilla Presley’s Net Worth

As of 2023, Priscilla Presley’s net worth is estimated to be around $50 million. This impressive figure is the result of her diverse career, business ventures, and smart financial decisions.

Sources of Income

Priscilla’s income comes from various sources, including her acting career, business ventures, and royalties from Elvis Presley Enterprises. Her ability to diversify her income streams has been key to her financial stability and growth.

Real Estate Investments

Priscilla has also made savvy real estate investments over the years. She owns several properties, including a luxurious home in Beverly Hills. These investments have not only provided her with a comfortable lifestyle but have also contributed to her overall net worth.

Personal Life and Legacy

Priscilla has two children: Lisa Marie Presley, her daughter with Elvis, and Navarone Garibaldi, her son with Marco Garibaldi. She is also a proud grandmother to Riley Keough and Benjamin Keough. Despite the ups and downs in her personal life, Priscilla remains close to her family and continues to be a loving mother and grandmother.

Philanthropy and Advocacy

Priscilla is also known for her philanthropic efforts. She supports various charitable organizations and causes, including animal rights and children’s welfare. Her dedication to giving back to the community is a testament to her kind and generous spirit.

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Legacy

Priscilla Presley’s legacy is multifaceted. She is remembered as the wife of Elvis Presley, a talented actress, a savvy businesswoman, and a devoted mother and grandmother. Her contributions to preserving Elvis’s legacy and her own achievements have left an indelible mark on the world.

Fun Facts About Priscilla Presley

  • Priscilla’s Love for Animals: Priscilla is a passionate animal lover and has been involved in various animal rights organizations. She even adopted a dog from a shelter in Los Angeles.

  • Her Role in ‘Dallas’: Priscilla played Jenna Wade in the hit TV series "Dallas" from 1983 to 1988. Her performance was well-received, and it helped her gain recognition as an actress.

  • Entrepreneurial Spirit: In addition to her work with Elvis Presley Enterprises, Priscilla has launched her own line of fragrances and linens, showcasing her entrepreneurial spirit.

  • Close Relationship with Lisa Marie: Despite the challenges they faced, Priscilla and her daughter Lisa Marie have always been close. They share a deep bond and support each other through thick and thin.

  • Graceland’s Popularity: Under Priscilla’s leadership, Graceland has become one of the most visited tourist attractions in the United States, drawing over 600,000 visitors annually.

Wrapping Up

Priscilla Presley’s life is a testament to resilience, determination, and the power of reinvention. From her early days as Elvis Presley’s wife to her successful career and business ventures, she has proven time and again that she is a force to be reckoned with. Her impressive net worth is a reflection of her hard work, smart financial decisions, and unwavering dedication to preserving Elvis’s legacy. Here’s to Priscilla Presley, a true Hollywood icon!

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