Editing Lisa Marie Presley (section)

=== The Elvis Presley Estate ===

Lisa Marie Presley inherited the [[Elvis Presley]] estate, including [[Graceland]] and the rights to her father's name and likeness, upon turning twenty-five in 1993. Elvis Presley Enterprises (EPE), the company managing the estate, had been substantially built up during the preceding decade under the guidance of [[Priscilla Presley]] and business manager Jack Soden, transforming Graceland from a private home into a major tourist attraction and developing an extensive licensing operation around Elvis's image and recordings.

In 2005, Lisa Marie sold 85% of Elvis Presley Enterprises to entertainment company CKX, Inc., retaining ownership of Graceland itself and a 15% stake in the broader enterprise. The sale was reported at the time as generating approximately $100 million. She later expressed ambivalence about the decision, particularly as the value of the estate — and of Elvis-related intellectual property — continued to grow substantially in subsequent years.

By the time of her death in 2023, her financial situation had become complicated. Legal filings connected to her divorce from Michael Lockwood and subsequent reporting indicated that the substantial wealth generated by the estate sale had been significantly diminished, in part through financial mismanagement by a former business manager. She had filed a lawsuit against the manager in 2018.