Inside bitter $500m row that could see Elvis’ Graceland home sold off TOMORROW & real reason King’s body is...

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Elvis’ Graceland home up for auction after Lisa Marie Presley ‘failed to pay back $3.8m loan’ as family files lawsuit_

Elvis bought Graceland in 1957 for £80,000 with theHe was born in a shack in Tupelo 115 miles away 22 years earlier. His new, palatial, 1939 property had a sweeping driveway with marble lions and eight bedrooms.Priscilla, who moved there in 1963, said: “To him, having Graceland was a tangible symbol of how far he had come from his very humble beginnings.”

The highlight is the Jungle Room, with a lush green carpet and stone waterfall, which was the King’s man cave where he watched TV.Elvis is said to have loved Graceland so much that when he lived inHide his problemsHe would rarely get out of bed before 4pm and would rely on upper and downerIn the early hours of August 16, 1977, he was found dead after consuming a reported 14 substances. He was 42.

Straining her finances was a five year legal battle with her fourth and final husband, Michael Lockwood.in 2016, but the money situation wasn’t settled until 2021., was spending a reported £70,000 a month before she died.We are a family, but there’s also a huge business side of our familyBut the money brought in by Graceland should have been enough to keep the wolves from the door.

She was laid to rest in the circular Meditation Garden behind Graceland, alongside her father and son Benjamin. The actress, who rarely talks about her famous heritage, said: “When my mom passed there was a lot of chaos in every aspect of our lives.“We are a family, but there’s also a hugeAn agreement was reached last June where Priscilla reportedly received an £800,000 sum, while Riley was named the sole trustee for Lisa Marie’s estate.

Source: Loan Digest (loandigest.net)

 

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