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Lisa Marie Presley spent more than $92,000 a month before her death and may have been worth as little as $4 million when she died.
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Elvis Presley’s only child, who died Thursday at age 54 of a double heart attack, also owed the taxman $1 million.
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Legal documents obtained by The Blast in November, which resurfaced after her death, showed her monthly expenses were more than $92,000.
They also showed her monthly expenses included $23,500 in rent and $1,078 in Maserati payments.
The documents also showed Presley had $95,266 in cash assets, $714,775 in stocks and bonds and owed $1 million to the IRS.
It was reported that her net worth net of debt left her with $4 million, but her net worth at the time of her death is still unknown.
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The mother of four brought in more than $100,000 a month from her father’s estate and businesses, with about $4,400 a month coming from his Graceland estate and $104,000 a month from Elvis Presley Enterprises.
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Presley was left all of her father’s estate in his will when he died in 1977 aged 42, and she took control of the trust aged 25 in 1993.
Elvis was only worth about $5 million when he died, but Lisa Marie made millions by turning Graceland into a tourist attraction and creating Elvis Presley Enterprises to cash in on his image and legacy.
But in 2005, Siegel sold 85 percent of her stake in the company, leaving her without control of her father’s name and image rights.
He claims it wiped out over $20 million in debt that Lisa Marie had built up and “provided her with over $40 million in cash and a multi-million dollar revenue stream.”
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