Tue. Nov 5th, 2024

Lisa Marie Presley’s mom Priscilla Presley attempts to financially rescue Elvis’ daughter


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Lisa Marie Presley’s recent financial issues have reportedly sent her mom Priscilla Presley into protective mom overdrive and going to extreme measures to help her daughter out.

Priscilla Presley is reportedly desperate for cash to save daughter Lisa Marie Presley from bankruptcy. According to new reports the ex-wife of the King is looking to recall Elvis‘ diamonds, jewels and other priceless mementos that she gave to a few of the men and lovers she became involved with following her split from Elvis.

The National Enquirer alleges that an inside source with ties to Priscilla Presley has revealed that Priscilla has been frantically contacting her former flames that she gave expensive and valuable items to that either belonged to or were given to her as gifts from Elvis. The Presley informant claims that Priscilla is asking for these items back to help Lisa Marie Presley out with financially. Items on the list include a gold ring that Elvis gave his wife while on vacation in Hawaii.

As previously reported, Lisa Marie Presley, who is going through a nasty divorce from estranged fourth husband Michael Lockwood announced that she was broke and unable to pay the outrageous money demands Lockwood was asking for in the divorce. Lisa revealed that she had less than $14000 in cash and was forced to live rent free with daughter Riley Keough. Lockwood claims that Lisa is not being honest and has hidden money and assets that she is not revealing to the courts.

However, Lisa Marie Presley stated this is untrue and that over the years she has spent, or lost in bad business ventures her entire Elvis Presley inheritance. The only child of the music legend also admitted that during her marriage to Lockwood she was heavily abusing drugs and spent a ton a cash on her cocaine and prescription pills habits which also forced her into costly rehab facilities on several occasions.

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Despite Lisa Marie Presley’s financial situation the judge ordered her to pay $100,000 for Lockwood legal fees within 30-days. One of Priscilla’s exes allegedly agreed to return some of the items according to the source “if Lisa Marie really needed the money.”

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By Ruby Roberts

Ruby is an entertainment writer with a passion for music and a nose for gossip.

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