Lisa Marie Presley has been through so much when it comes to courtroom battles, especially with her latest divorce battle with soon-to-be fourth ex Michael Lockwood. Lockwood is not backing down when it comes to making sure he drains every last cent he feels he is entitled to from Lisa Marie Presley in this divorce. according to the N.E.
It has been a long and nasty fight and one that does not appear to be going away anytime soon. As previously reported, Lisa Marie Presley has admittedly publicly that she is broke. The only daughter of the late King of Rock and Roll Elvis Presley has even sworn in court that she is completely tapped out and practically homeless.
Lisa Marie claims that her Elvis Presley inheritance is long gone. However, now, Michael Lockwood is claiming that no matter how rough Lisa Marie Presley claims she has it financially, he has even worse problems.
RADAR Online reports that Michael Lockwood, according to the divorce documents shows how difficult it is for Lisa Marie to keep burning through her fortune. Court records show that she’s making over $150,000 a year while suing her former business manager for leaving her broke!
Michael also claims that he has received “almost nothing” from Lisa Marie Presley since the divorce which has put him in major debt. Lockwood also claims that Lisa Marie is also now getting a check of $51,600 as an employee of Graceland plus $100,000 per month from her inheritance.
This is a huge case of he said/she said and looks to drag on for several months. Lisa Marie is also currently involved in a lawsuit with her former business manager claiming he mismanaged her money, while he claims she just spent like there was no tomorrow.
There have been all sorts of rumors and speculation floating around concerning new ideas Lisa Marie Presley has come up with to make some fast cash including an Elvis Presley Hologram concert tour, a tell-all book.
There has even been the rumor of a possible Lisa Marie Presley reality series featuring Lisa and her children sharing their views on what it has been growing up Presley and as the late Elvis Presley’s grandchildren, Riley, Benjamim Keough, and Harper and Finley. However, this rumor appears to be a huge reach considering just how much Lisa Marie prefers to keep her life as low-key as possible.
Things appear to be pretty hard for Lisa, she has also claimed that she has not had a home of her own since 2017 adding that following her rehab stay she lived with her mom Priscilla Presley, and she now currently lives with her adult daughter Riley Keough.
Michael Lockwood, on the other hand, claims he knows Lisa Marie Presley is singing a sad story to gain sympathy and he plans on fighting it all out in court where hopefully sooner, rather than later the judge will once and for all decide who has been telling the truth, and which of them really are as broke as they claim. Get all the latest Elvis Presley Family News here.
