Is lisa marie presley broke? · in february 2018, lisa marie filed a $ 100 million lawsuit against siegel alleging that he was responsible for causing her $ 100 million inheritance to dwindle to just $14,000 over 11 years. She died with negative net. Her business manager sold 85% of elvis presley enterprises for $100 million in 2005, but the money disappeared through bad investments, crazy spending, and a $9 million english mansion she couldn’t afford. · lisa marie presley has filed a lawsuit against her business manager who allegedly mismanaged her $ 100 million trust and left her with only $14,000. Why is elvis presley suing lisa marie? · in the suit, filed in los angeles superior court, the daughter of deceased music legend elvis presley says that, in 2005, due largely to her ownership in elvis presley enterprises, she held. Is lisa marie presley broke as she claims to be suing barry? · lisa marie presley and her financial manager barry siegel are in a legal battle over who is responsible for whittling down the $ 100 million trust she inherited after the death of elvis. Is lisa marie presley suing her former manager for draining her trust fund? Lisa marie presley inherited a $100 million fortune when she turned 25 in 1993, but by 2015 she was down to $14,000 in cash and $16. 7 million in debt. · lisa marie presley is suing her former manager , barry siegel, for “ reckless and negligent mismanagement ” of her inherited estate, but her estranged husband was quick to call her. · the blast reports that presley claimed through court documents that her assets were worth more than $ 100 million at the time she hired siegel, but that he “placed her assets in risky ventures in hopes of attaining his own celebrity in the entertainment industry. ”
