Lisa Marie Presley, inherited his US$100m estate in 1993 at the age of 30. Another 25 years later, she says in a lawsuit that she is down to her last US$14,000. Presley blames her former manager Barry Siegel for her precarious finances, and filed a suit last week against him accusing him of “reckless and negligent mismanagement” of her inherited estate. iegel sold off 85% of her share in the Elvis Presley Enterprises company in 2005, a deal that he says “cleared up over $20m in debts Lisa had incurred and netted her over $40m cash and a multi-million dollar income stream”. Presley says it lost her millions thanks to a subsequent investment in Core Entertainment, the company behind American Idol that went bankrupt in 2016. Siegel, has counter sued Lisa Marie Presley for non-payment of US$800,00 fees owned to him and stated… “It’s clear Lisa Marie is going through a difficult time in her life and looking to blame others instead of taking responsibility for her actions…”
Lisa Marie Presley New Love Interest Billy Corgan
Lisa is reportedly clean and sober now and after completing her rehab program has retained custody of the twins. But Lisa’s battles are not over.. she is gearing up for one nasty divorce battle with ex Michael Lockwood… and is willing to go to any extremes to prove Lisa wrong and get his fair share from the divorce.
Not only does Michael plan to fight Lisa for custody of the twins he also has a few other demands he would like the judge to grant. He wants Presley to pay not only the legal expenses he also wants at least $40,000 a month in spousal support.
Now that Lisa Marie has been linked to a possible new love interest with Billy Corgan her ex will most likely try to use it against her. Lockwood is privy to all Lisa Marie secrets afters ten years they were married… Time will reveal how far Lockwood will go to get his demands met? Lockwood has revealed he go to any extreme to win. Lisa and Michael are due in court late February 2018.
Lisa Marie Presley arriving at the home of her mother Priscilla with her oldest daughter Riley Keough. The two were seen getting out of Lisa’s black Cadillac, at which point they were mobbed by twins Harper and Finley who ran to hug their mother as soon as they spotted her and big sister Riley
It is one of the few times Lisa has been seen with her three daughters in public, and the first time she has been seen with her twins in public since February. The occasion were joined by Priscilla inside, where all three generations of Elvis Presley’s women celebrated Riley’s 28th birthday
Finley and Harper have been living with Priscilla in her Beverly Hills home ever since Lisa’s custody battle with Michael Lockwood turned ugly in February. Lisa meanwhile has reportedly been living with her daughter Riley and the actress’ husband Ben Smith-Petersen. Lisa Marie Presley had reason to rejoice last week, as the mother-of-four enjoyed a day out with her three girls after a difficult few months.
The meeting marked one of the very few occasions that the 49-year-old Lisa Marie has seen her twin daughters Finley and Harper since they were sent to live with Priscilla Presley in February after Child Protection Services decided in the aftermath of that filing to take the girls away from both parents and agreed that they could live with their 71-year-old grandmother. “The girls have not been in foster care and never will be… and will be until all this is sorted out” said Priscilla
Lisa won a major victory in the ongoing divorce back in February when Lockwood’s request for spousal support in the amount of $40,000 each month was denied by the judge. Lockwood ordered Lisa to hand over a monthly payment of $10,000 for five months to cover her estranged spouse’s legal fees, which the court ruled would be the only expense the heir to Elvis’ vast fortune was required to pay. How Much is Lisa Marie Worth ??