Lisa Marie Presley has passed away - 2 days after she and her mom Priscilla attended Golden Globes 2023 and was emotionally thanked by Austin Butler, after his great portrayal of Evis Presley.
On January 11, the world was shocked with the announcement that she's rushed to the hospital, became comatose, and utlimately passed away. She was just 54. Her mom Priscilla even requested for prayers before the untimely death.
While TMZ has ruled out suicide, the real cause of death is yet to be revealed. Some said it could be a mix of things, affecting her health, especially since she lived quite a tumultous life. She lost her own child back in 2020 and also discussed opiods addiction ahead of this. Her net worth is supposedly below zero as she was dealing with massive debts.
Overwhelming Grief
Lisa Marie Presley has discussed her grief experience.
In a new essay for "National Grief Awareness Day" published on Tuesday, Presley discusses the suicide death of her 27-year-old son Benjamin Keough in 2020.
"My and my three daughters' lives as we knew it were completely detonated and destroyed by his death. We live in this every. Single. Day," she writes. "Grief is something you will have to carry with you for the rest of your life, in spite of what certain people or our culture wants us to believe. You do not 'get over it,' you do not 'move on,' period."
Presley describes grief as "extremely isolating" and writes that only a "handful" of people typically offer ongoing support to a friend or family member who has suffered a traumatic loss.
Unfortunately, that is a cold hard truth for most. So, if you know someone who lost a loved one, regardless of how long it's been, please call them to see how they are doing. Go visit them. They will really really appreciate it, more than you know," she writes.
Presley states that she has found solace in the company of those who have experienced comparable tragedy.
Opiods Addiction
Lisa Marie Presley, the only child of Elvis and Priscilla Presley, became the sole heir to Graceland after her father died when she was nine years old. Lisa Marie, who grew up in the public eye, has had a tumultuous life marked by heartbreaking loss and numerous health struggles, including mercury poisoning and an opioid addiction.
Lisa Marie stated in a book about the dangers of opioids that she is "grateful" to be alive and that her addiction began in 2008, shortly after the birth of her twin daughters Harper and Finley. After losing her father to a "dangerous dependence on prescription drugs" and her ex-husband Michael Jackson to a drug-related complication, it may come as a surprise that Lisa Marie fell victim to the same condition. However, as she explains, life simply pushed her into that direction. Plus, the drugs truly had addictive properties.
Massive Debts
As previously reported, despite having spent years in the music industry and receiving an inheritance from her father, Lisa Marie Presley's net worth has suffered a significant decline. Unfortunately, she allegedly was unable to recover before her death, and her net worth is negative due to rumored massive debts.
Lisa's debts result in a negative net worth. The source indicates that the artist owes over $16 million. Lisa inherited an estate estimated to be worth more than $5 million when she turned 25 in 1993. The estate was however heavily indebted. In 2004, the company was reported to have owed $25 million.
The following year, Lisa decided to sell 85% of the estate while retaining 15%. It eliminated the singer's debts and generated $53 million in revenue. However, the money did not last long, as Lisa owed $16.7 million according to divorce documents from 2018. According to the singer's financial records, she received a monthly salary of $4,361 from her father's estate, in addition to $100,000 in dividends and interest from investments. However, it appears to only cover the artist's debts.
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