Graceland set for foreclosure auction

May 21, 2024, 8:13 AM | Updated: 5:53 pm

Graceland, the former home of Elvis Presley, is facing a foreclosure auction, but Riley Keough, the King’s granddaughter, is fighting to stop the sale. Keough inherited Graceland from her mother, Lisa Marie Presley, and is disputing claims that her mother used the mansion as collateral for a loan.

Despite financial challenges and legal battles, Keough remains the main heir to the Elvis legacy, while Authentic Brands Group owns a majority stake in Elvis Presley Enterprises. The future of Graceland and the Elvis brand remains uncertain, but potential earnings from new ventures could help Keough regain control of the iconic estate.

The Elvis Evolution, an immersive concert experience using hologram technology, is set to debut in London this November, showcasing Presley’s iconic legacy.

Graceland averages 600,000 visitors every year and was recently named the most popular museum in the U.S.



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Graceland set for foreclosure auction