Lisa Marie Presley Blew $100 Million Inheritance, Was $3 Million In Debt

Lisa Marie Presley, daughter of rock 'n' roll icon Elvis Presley, mingles with fans and signs autographs outside her father's Graceland mansion in Memphis, Tennessee on August 17, 2012, a day after the 35th anniversary of his death.  She earlier appeared with her mother Priscilla Presley for a half-hour at Graceland to field questions about her late father, her life and her career as a singer-songwriter -- the first time she has ever done so during Elvis Week.      AFP PHOTO / CAROLINE GROUSSAIN        (Photo credit should read CAROLINE GROUSSAIN/AFP/GettyImages)

At a glance

  • Lisa Marie Presley owed a substantial amount of debt, including $1 million in back taxes, in the months before her tragic death, has learned.
  • has obtained court documents filed as part of Lisa Marie’s divorce battle with her ex-husband Michael Lockwood. As we first reported, the two had been battling over child support for the past year.

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