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Priscilla Presley and Riley Keough at the The Humane Society of the United States Gala, Los Angeles, America - 07 May 2016© Getty

Priscilla Presley's staggering net worth compared to granddaughter Riley Keough's as they settle legal battle

The Daisy Jones and the Six star and Elvis Presley's ex-wife have finally settled their legal battle over Lisa Marie Presley's estate

HELLO!
Beatriz Colon - New York
New York WriterNew York
US Writer
Updated: November 9, 2023
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Priscilla Presley has returned to the public eye with the release of Priscilla, Sofia Coppola's film about her life with ex-husband Elvis Presley, based on Priscilla's 1985 memoir Elvis and Me.

But the instantly acclaimed film isn't the only reason people want to know more about the businesswoman, actress and author. Following the death of daughter Lisa Marie Presley at age 54 back in January of this year, Priscilla became embroiled in a legal battle with granddaughter Riley Keough, who became the sole trustee of her mom's million-dollar estate.

The Daisy Jones & the Six actress, 34, and her grandmother, 78 were at odds since Lisa Marie's passing over an amendment she made to her will in 2016  which made Riley, the sole trustee, as opposed to Priscilla and Lisa Marie's former business manager Barry Siegel.

WATCH: Lisa Marie Presley's last on-screen interview with daughter Riley

This was resolved so that the family members reached a settlement that Judge Lunn Scaduto signed on October 30th, according to People. This confirmed that Priscilla would receive a $1 million lump-sum payment funded by Lisa Marie’s $25 million life insurance policy, and her son Navarone Garibaldi will be a beneficiary of Lisa Marie’s trust, and Riley would permit Priscilla to be buried near her ex-husband Elvis Presley at Graceland upon her death.

All has been settled between the two, with Riley calling her grandmother "a beautiful woman" who played a "huge part of creating my grandfather's legacy and Graceland", in an interview with Vanity Fair.

MORE: Riley Keough looks just like late mom Lisa Marie Presley in sheer retro look for outing amid legal battle with Priscilla Presley

Even with this settlement, Riley's net worth is expected to sky-rocket as trustee of her mom's million-dollar estate on top of her newfound success and attention from Daisy Jones & the Six.

Up until his 1977 death at age 42, the late King of Rock had an alleged net worth of $5 million, which is approximately $20 million today. However, his estate is now worth close to $500 million, and profits from it contribute to both his ex-wife and his granddaughter's net worths.

What is Priscilla Presley's net worth?

Lisa Marie Presley, Priscilla Presley, and Riley Keough attend the Handprint Ceremony honoring Three Generations of Presley's at TCL Chinese Theatre on June 21, 2022 in Hollywood, California© Getty
The three Presley women appeared to be tight-knit while attending events for the late singer's biopic

Priscilla - a co-trustee of the estate from 2010 to 2016 – has a reported net worth of $50 million. 

This seems a far cry from what she received from her divorce settlement with the late King of Rock, in 1973, in which she received a one-time payment of $725,000. But on top of that payment, Priscilla was granted spousal support, child support, 5 percent of Elvis’ royalties, and half the money from the sale of their house.

As part of her own ventures, Priscilla wrote the book Elvis and Me in 1985, which serves as the basis of Sofia Coppola's new film. She also started a fragrance line, as well as a line of clothing and skincare products, in the late 1990s - and she's acted in and produced dozens of movies.

What is Riley Keough's net worth?

Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Presley, Riley Keough, and Finley Aaron Love Lockwood attend the Handprint Ceremony honoring Three Generations of Presley's at TCL Chinese Theatre on June 21, 2022 in Hollywood, California© Getty
Part of Lisa Marie's estate also goes to her twins

Though she currently has a reported net worth of $5 million, as the sole trustee of Lisa Marie's estate it will only become much, much bigger.

The estate she left behind includes Graceland, the Mempis, Tenn. home Elvis bought in 1957 for $100,000 at age 22, and which today generates millions of dollars a year in revenue. Priscilla moved into the iconic property in 1963 at age 18.

MORE: Who did Riley Keough date before marrying Ben Smith-Petersen? All we know

The estate also includes a 15 percent stake in Elvis Presley Enterprises, which contributes to the millions of dollars the Presley estate generates each year.

Since 2013, Authentic, formerly Authentic Brands Group, has owned the rights to Elvis, and though Lisa Marie remained owner of Graceland until her death, the deal at the time called for new management of the property.

MORE: Riley Keough confesses to her emotional reaction to Austin Butler playing her grandfather: 'I was in tears for a week'

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