Current Ownership of Graceland: Who Owns It Now?
Discover who owns Graceland today and the legacy of Elvis Presley preserved by his family.
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Graceland is currently owned by Lisa Marie Presley's trust. While Elvis Presley Enterprises, which manages the property's tours and exhibits, was majority sold to CKX, Inc., Lisa Marie retains ownership of the mansion itself, the surrounding land, and many of the original items inside. This arrangement ensures that Graceland remains in the Presley family, preserving the legacy of Elvis Presley for fans and visitors.
FAQs & Answers
- Who currently owns Graceland? Graceland is currently owned by Lisa Marie Presley's trust, ensuring the property remains within the Presley family.
- What is Graceland and why is it important? Graceland is the former home of Elvis Presley, serving as a cultural landmark and museum that celebrates the legacy of 'The King of Rock and Roll'.
- Who manages the tours and exhibits at Graceland? Elvis Presley Enterprises manages the tours and exhibits at Graceland, although it was majority sold to CKX, Inc. Lisa Marie retains ownership of the mansion and land.
- How does the Presley family ensure the legacy of Elvis at Graceland? The arrangement where Lisa Marie Presley retains ownership of Graceland and its original items allows the Presley family to maintain control and preserve Elvis's legacy for future generations.