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Lisa Marie Presley’s three daughters to inherit Graceland estate

Lisa Marie Presley’s three daughters to inherit Graceland estate

Lisa Marie Presley’s three daughters are to inherit the famous home of their grandfather Elvis Presley, following her death last week, it has been reported.

Lisa Marie died aged 54 on January 12 after suffering a cardiac arrest at her home in Los Angeles, California.

Graceland is the estate where the late star lived as a child with her famous father, along with her mother and his wife Priscilla Presley, before their marriage dissolved in the early 1970s.

People have reported that Lisa Marie’s daughters Riley Keough, 33, and twins Finley and Harper, 14, will jointly own Graceland, located in Memphis, Tennessee.

Lisa Marie inherited Graceland at age nine, after her father passed away in 1977 (Getty Images)
Lisa Marie inherited Graceland at age nine, after her father passed away in 1977 (Getty Images)

A representative for the Presley family confirmed this to OK!, following the report.

They also confirmed that Lisa Marie will be buried in Graceland, where her father and son Benjamin Keough were also laid to rest.

Benjamin died aged 27 in July 2020 by suicide.

Elvis left his iconic home to his only child Lisa Marie after he died in 1977 aged 42, when she was aged just nine.

Lisa Marie became the sole owner of Graceland on her 25th birthday in 1993, as the trust holding her inheritance dissolved, and opened the grounds to the public for various tours in the 30 years that followed.

Lisa Marie lived in the famous Memphis home with her father and mother Priscilla as a child (AP)
Lisa Marie lived in the famous Memphis home with her father and mother Priscilla as a child (AP)

Elvis initially purchased the property in 1957 for $100,000 and Rolling Stone reported has since reported that home is now worth $500,000,000 (approximately £409,000,000).

A public service for Lisa Marie will be held at Graceland on January 22 at 9am, the estate confirmed in a statement.

It read: “Riley, Harper, Finley, and Priscilla Presley are grateful for the support, well-wishes, and outpouring of love honouring their beloved Lisa Marie.

"A public memorial service for Lisa Marie Presley has been arranged for Sunday, January 22 at 9:00 am on the front lawn at Graceland Mansion in Memphis, Tennessee."

Members of the public will be allowed to attend the service and have been requested by the estate to donate to The Elvis Presley Charitable Foundation, in replacement of offering flowers.