You would never think this would be possible but according to TMZ and Lisa Presley herself. She is $16Million in debt.
She says that she is behind on paying her taxes, form 2012 to 2015, which amounted to more than $10 million.
There is a house she has in the U.K. thats she needs to get rid of because she has defaulted on the mortgage. the rest of her debt comes from unpaid credit cards, and unpaid attorney bills.
Lisa decided to reveal this since her Ex is asking for her to pay $450k for his lawyers, and clearly she doesn’t have it.
Lisa Marie sold off 85% of Elvis Enterprises in 2004 for $100million
The Elvis estate still hauls in $20 million annually in revenue north
