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| Above, the Lisa Marie jet of Elvis Presley. Photo by Armand Vaquer. |
Lisa Marie is in debt. The daughter of Elvis Presley, not the jet Lisa Marie.
Ouch! It is hard for me to get around the thought that someone could get themselves into a financial hole of $16.7 million. Apparently, Lisa Marie Presley is in that financial hole.
According to E! Online:
Lisa Marie Presley states in court documents filed amid her divorce battle that she is $16 million in debt.
In 2016, the 50-year-old daughter of the late Elvis Presley and fellow singer, who is also famous for her short-lived marriage to the late Michael Jackson, filed for divorce from current husband Michael Lockwood, with whom she shares twin daughters. Amid their court battle, legal documents have revealed glimpses of Lisa Marie's finances.
Newly submitted documents show that she is more than $16.7 million in debt. She said she has yet to pay more than $10 million in tax bills from several years past, that she has defaulted on a $6 million mortgage she took out for a home she owns in the United Kingdom and that she also has more than $47,800 in credit card bills and also has tens of thousands of dollars owed to attorneys.
To read more, go here.
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