The late Elvis Presley Priscilla’s ex-wife was making $900,000 a year from Elvis Presley Enterprises, where she had no shares and was not actually working. writes about it Page Six.
Priscilla’s now-deceased daughter, Lisa Marie Presley, sued former manager Barry Siegel in 2018 for “carelessly” using her money. In the lawsuit, she noted that Siegel lobbied to raise $900,000 in income for her mother.
Lisa Marie Presley’s lawyers added that Priscilla received a salary “despite having no ownership in the EPE.”
“Siegel did not disclose these facts to Lisa and did not negotiate the same salary for Lisa,” the complaint said. Siegel disputed Lisa’s claims, and the case took another two years before being resolved out of court.
According to media reports, Priscilla Presley is trying to manage any part of Lisa Marie’s estate. However, he has a 33-year-old granddaughter named Riley who can make financial decisions on his own at Elvis Presley Enterprises after his mother’s death.
A source close to Lisa Marie had previously told Page Six that Priscilla was fighting trust for nothing more than “grabbing money.” Priscilla Presley claims she’s just trying to protect her family.
Formerly socialbites.ca reportedElvis Presley’s widow has challenged the legacy of their daughter, Lisa Marie.
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