Priscilla Presley net worth is a topic of much discussion, especially given her longstanding role in the entertainment industry and her association with Elvis Presley Enterprises. As of 2024, her wealth is a reflection of her business acumen, acting career, and strategic real estate deals.
In this article, I’ll break down how she built her fortune through ventures like Graceland, her acting in Dallas, and more. Presented by PBC, we’ll dive deep into how she managed to grow her wealth and the financial challenges she faced.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Priscilla Ann Wagner |
Popular Name | Priscilla Presley |
Gender | Female |
Birth Date | May 24, 1945 |
Age | 79 |
Parents | James Frederick Wagner, Ann Lillian Iversen |
Siblings | Donald, Michelle, Jeffrey, Thomas, Timothy Beaulieu |
Birthplace | Brooklyn, New York, U.S. |
Nationality | American |
Ethnicity | Mixed (Norwegian, Scots-Irish, English) |
Education | Immaculate Conception High School |
Marital Status | Divorced |
Spouse | Elvis Presley (1967–1973) |
Children | Lisa Marie Presley, Navarone Garibaldi |
Dating | Marco Garibaldi (1984-2006) |
Net Worth | $10 million |
Source of Wealth | Acting, Business Ventures, Royalties |
Height | 5’4″ (1.63 m) |
What is the Net Worth of Priscilla Presley in 2024?
Priscilla Presley’s net worth in 2024 is estimated to be around $10 million. Her wealth has seen fluctuations due to various factors, including real estate deals and legal disputes. Despite these, she remains financially stable, thanks to her role in Elvis Presley Enterprises and other business ventures. When compared to other famous personalities in similar fields, her fortune is modest but solid. For context, let’s look at a few related individuals:
- Elvis Presley
- Riley Keough
- Cher
- Lisa Marie Presley
- Leslie Nielsen
- Graceland
- Dallas TV Show
- Navarone Garibaldi
- Elvis Presley Enterprises
- Marco Garibaldi
For those curious about how other actors rank in terms of wealth, check out our top actors with impressive fortunes.
Salary and Finance Overview
How She Built Her Wealth Through Acting and Business Ventures
Priscilla Ann Wagner career as an actress started strong with her role in the Dallas TV series, where she portrayed Jenna Wade. This role significantly contributed to her income, along with her appearances in The Naked Gun films. Over the years, her earnings from these acting projects formed a stable foundation for her wealth.
However, her real financial breakthrough came through business. After the death of Elvis Presley, she became involved with Elvis Presley Enterprises, which she helped grow into a multimillion-dollar entity. She was instrumental in turning Graceland into one of the most popular tourist attractions in the U.S., earning considerable profits. Furthermore, her ventures into the fashion and beauty industries with products like perfumes and linens helped to diversify her income.
Her Role in Managing Elvis Presley Enterprises
Managing Elvis Presley Enterprises was a pivotal part of her financial journey. When Elvis Presley passed away in 1977, Priscilla stepped in to preserve his legacy. Under her leadership, Graceland was opened to the public in 1982, and this decision greatly boosted the financial standing of Elvis Presley Enterprises. The estate’s value soared to over $100 million by the time her daughter, Lisa Marie Presley, inherited it.
Major Real Estate Deals That Contributed to Her Income
Real estate has played an important role in adding to Priscilla’s financial portfolio. Notably, she owned a Beverly Hills home, which she sold in 2020 for $13 million. This sale significantly boosted her net worth. Additionally, she purchased a penthouse in Century City in 2021 for just under $5 million. These savvy real estate investments have kept her finances stable even during challenging times.
The Financial Impact of Her Marriage to Elvis Presley
Priscilla Ann Wagner marriage to Elvis Presley had a direct impact on her finances. Upon their divorce in 1973, she received a settlement that included $725,000 in cash, child support, spousal support, and a share of the royalties from Elvis’s publishing companies. This provided her with a financial safety net early on, which was crucial as she continued building her own career and wealth.
Royalties and Residual Income from Elvis’s Estate
The royalties from Elvis’s music and films are another key part of Priscilla’s income. As a trustee of Lisa Marie Presley’s inheritance, Priscilla benefited from these royalties until Lisa Marie came of age. Even after stepping back from the day-to-day management of Elvis Presley Enterprises, Priscilla continues to receive residual income from her association with Graceland and the Elvis Presley brand.
Her Role as a Producer and Businesswoman Beyond Elvis’s Legacy
Priscilla also made a name for herself beyond Elvis Presley. She worked as a producer on several projects, including Agent King, a Netflix animated series. Her ability to branch out into various industries, from production to fashion and beauty, demonstrates her adaptability and business acumen.
Legal Disputes and Financial Challenges Faced in Recent Years
In recent years, Priscilla faced financial challenges, including legal disputes over Lisa Marie Presley’s estate. These disputes threatened to impact her financial standing, but they were resolved out of court. Despite rumors of financial instability, including tax debts and legal fees, she has managed to maintain her wealth through strategic investments and business ventures.
Important FAQs About Priscilla Presley
What was her role in Elvis Presley Enterprises?
She managed Elvis Presley Enterprises, helping to grow it into a multimillion-dollar business and turning Graceland into a top tourist attraction.
What acting roles made her famous?
She is best known for her role in the TV series Dallas as Jenna Wade, and her performances in The Naked Gun films alongside Leslie Nielsen.
What major real estate deals has she made?
One notable deal includes the sale of her Beverly Hills home in 2020 for $13 million. She also bought a penthouse in Century City for $5 million in 2021.
Did she have a relationship with Marco Garibaldi?
Yes, Priscilla had a 22-year relationship with Marco Garibaldi, with whom she has a son, Navarone Garibaldi.
What business ventures did she pursue beyond Elvis Presley?
She expanded into fashion and beauty, launching her own lines of perfumes and linens. She also worked as a producer on film and television projects.
Conclusion:
If you’ve enjoyed learning about Priscilla Presley’s financial journey, I encourage you to leave a comment or share this post. For more celebrity financial insights, visit pennbookcenter.com.