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Old 02-23-2018, 06:43 PM
 
Location: Tennessee/Michigan
27,815 posts, read 45,535,261 times
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Daughter of Elvis claims ex-manager squandered her fortune, but he blames her.

The large trust left behind for his daughter by the King of Rock and Roll has been reduced to a reported $14,000 in cash, and Lisa Marie Presley is now suing her former manager for $100 million because of it. Presley—who is reportedly $16 million in debt—argues her fortune was lost because Barry Siegel failed to alert her to inappropriate spending (on expensive homes, mainly) and made a bad investment, reports TMZ.

Lisa Marie: I'm Broke, and I'm Suing
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Old 02-24-2018, 10:55 AM
 
Location: Upstate NY
28,837 posts, read 8,405,160 times
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There's no doubt she's blown through her inheritance, but her father's estate continues to rake in big bucks.

In addition, she's not " broke," as she also gets a monthly amount from her trust--though she probably considers that to be a pittance.
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Old 02-24-2018, 10:45 PM
 
Location: Brooklyn,NY
10,115 posts, read 11,949,370 times
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Quote:
Originally Posted by Delahanty View Post
There's no doubt she's blown through her inheritance, but her father's estate continues to rake in big bucks.

In addition, she's not " broke," as she also gets a monthly amount from her trust--though she probably considers that to be a pittance.
She's blown through a lot of cash, and with probably expensive tastes the monthly income is not really enough. There are a quite a few celebrities that have went through cash fast and found themselves broke. The advice for them is the same as the rest of us that are not famous: save some money each month. It's far easier for someone with a huge income but the action should be the same. Many don't though, and numerous bad investments and buying toys, houses and numerous marriages and divorces drain money fast. A tax problem or medical issue can speed this up fivefold.

Life can lay a person out in the middle of the ring very quickly, no matter how big one thinks they are.
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Old 02-25-2018, 04:29 AM
 
3,323 posts, read 1,284,974 times
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She sold 85% of her Elvis stake. She's a lifetime junkie and a Scientologist with borderline personality disorder. I wouldn't be surprised if she is broke.

Her mother has custody of her minor children and Lisa lives with her older daughter and her husband.
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Old 02-25-2018, 05:55 AM
 
4,862 posts, read 4,372,685 times
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^^^and there's more.

In the article below, she mentions that she is paying for 2 nannies, is living with her daughter...

Lisa Marie Presley's daughters taken into care as husband investigated over 'disturbing' child photos found on computer
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Old 02-25-2018, 06:28 AM
 
Location: United States
918 posts, read 507,382 times
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Quote:
Originally Posted by John1960 View Post
Daughter of Elvis claims ex-manager squandered her fortune, but he blames her.
It is unfortunate that Lisa is "All Shook Up" with "A Mess of Blues." In her younger days she should not have been a "Hard Headed Woman" and, hopefully, she will not have to take up residence in "Heartbreak Hotel" ... all in all, "I Feel So Bad."
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Old 02-25-2018, 11:08 PM
 
930 posts, read 477,102 times
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On top of all that she was legally married to Michael Jackson. Who was looking for someone to have his babies, so to speak.
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Old 02-26-2018, 05:08 AM
 
Location: Upstate NY
28,837 posts, read 8,405,160 times
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Quote:
Originally Posted by Aura 524 View Post
It is unfortunate that Lisa is "All Shook Up" with "A Mess of Blues." In her younger days she should not have been a "Hard Headed Woman" and, hopefully, she will not have to take up residence in "Heartbreak Hotel" ... all in all, "I Feel So Bad."

LOL And it would appear that Elvis' cash has left the building.
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Old 02-26-2018, 08:11 AM
 
4,704 posts, read 4,369,766 times
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Quote:
Originally Posted by LiaLia View Post
On top of all that she was legally married to Michael Jackson. Who was looking for someone to have his babies, so to speak.
At the time, David Letterman did a "Top 10 List" of "Things overheard at the Jackson-Presley wedding".

Number 1 was: "What's that whirring noise? It sounds like a dead rock star rotating at high speed."
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Old 02-26-2018, 12:56 PM
Status: "It's a cold and it's a broken Hallelujah" (set 7 days ago)
 
Location: Bel Air, California
19,900 posts, read 19,525,308 times
Reputation: 30564
wasn't she married to Nicholas Cage for a week or so? maybe he would send her a bus ticket to Graceland and she could get a job as a tour guide
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