Priscilla Presley got $900K a year from Elvis Enterprises without company stake: lawsuit

Priscilla Presley was making $900,000 a year from Elvis Presley Enterprises despite having no stake in the company, according to a lawsuit. When Priscilla’s daughter, Lisa Marie Presley, sued her former business manager, Barry Siegel, in 2018 for “negligently” mishandling her money, she noted in the lawsuit that Siegel had “allowed (and, in fact, lobbied)” her mother’s nearly seven-figure income. Lisa’s lawyers added Priscilla was being paid “even though Lisa’s mother has no ownership in EPE (nor was she performing any sort of executive-level work to justify the salary).” “Siegel failed to disclose these facts to Lisa and he did… Read Full Article