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Is Riley Keough the sole heir of Graceland? Why did the actress get Elvis Presley’s estate?

Riley Keough is fighting to to stop the foreclosure of her grandfather’s historic Memphis home, calling the documents presented as “fraudlent.”

Riley Keough is fighting to to stop the foreclosure of her grandfather’s historic Memphis home, calling the documents  presented as “fraudlent.”
Mario AnzuoniREUTERS

Under the Bridge’ is set to be one of Hulu’s great successes. The series, based on true events, tells the story of a 14-year-old girl who is found dead after being beaten by her friends. The project stars Oscar nominee Lily Gladstone and actress and film director Riley Keough.

Keough is known in the film and television industry thanks to her roles in films such as ‘Mad Max: Road Rage’ (2015), ‘American Honey’ (2016) and ‘It Comes at Night’ (2017). However, in the last year, Riley’s name made headlines after she became the sole heir to Graceland, Elvis Presley’s iconic estate.

How did Riley Keough get to own Elvis Presley’s estate?

Following the death of the King of Rock and Roll’s only daughter, Lisa Marie Presley (age 54), Elvis’ ex-wife Priscilla called his will into question by filing court documents over a 2016 amendment that named Lisa’s daughter Riley Keough and her half-sisters, Harper and Finley Lockwood, as well as her brother Benjamin Keough, who took his own life in 2020, as heirs to the Presley estate.

In August 2023, after a series of legal proceedings regarding the custody of the estate, a Los Angeles, California, judge ruled that, as Lisa’s eldest daughter and Evis Presley’s granddaughter, Riley Keough would be the sole heir to the exclusive Graceland estate, which Elvis purchased for $102,500 in 1957.

Riley Keough and Lily Gladstone attend a premiere for the television series 'Under the Bridge'.
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Riley Keough and Lily Gladstone attend a premiere for the television series 'Under the Bridge'.Mario AnzuoniREUTERS

At the time of his death, the estate and family stock of Elvis Presley Enterprises was worth $5 million, a figure that today has risen to $500 million, according to Vanity Fair.

The residence, located at 3764 Elvis Presley Boulevard in Memphis, Tennessee, is a ‘mecca’ that attracts more than 4,000 visitors a day during peak tourist season.

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