Who Owns Graceland?

Elvis Presley’s daughter, Lisa Marie, gained control of the rock ’n roll icon’s massive trust, including the famous mansion, on her 25th birthday and transformed it into a public museum. The 54-year-old mother of four continues to be head of management at Elvis Presley Enterprises, Inc.. Graceland opened for tours on June 7, 1982, aided by Priscilla Presley, and since it’s opening has hosted more than 20 million visitors. Lisa Marie still owns Graceland Mansion in its entirety, including the 13-acre original grounds and her father’s personal effects — costumes, wardrobe, awards, furniture, cars, etc. Lisa Marie insists that her father’s home is basically a time machine that hasn’t changed at all since 1977. “It’s like a time warp and the energy is still very much there. You can feel it,” she said. In 2020, Graceland Estate made headlines when it was defaced by protestors who wrote “Black Lives Matter” and “Abolish ICE” among other things on the estate’s exterior walls. While Elvis fans were outraged, worker’s wielding power-washers made quick work of the clean-up, the cost of which was estimated to be $150,000.