Who Owns Graceland
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Graceland is one of the most iconic private homes in the United States, and it has been the ultimate destination for Elvis Presley fans since 1982.
Graceland was originally built in 1939 by Elvis’ father, Vernon Presley, and it was home to Elvis, his parents, and his grandmother until Elvis’ death in 1977. After Elvis’ passing, the house was inherited by his father and daughter Lisa Marie Presley.
Over the years, Graceland has become an international tourist attraction and a major landmark of American pop culture. The house is open to the public, but it is owned by Lisa Marie Presley. She expanded it to include a museum and entertainment complex. The home has hosted many events over the years, including the 30th anniversary celebration in 2007 and a 5-day gala in 2009.
In 2018, Elvis Presley Enterprises (EPE) acquired the entire 135-acre Graceland mansion estate for $45 million. The purchase was intended to secure the future of the property and protect it from developers. EPE manages the properties and is responsible for preserving Graceland and its legacy.
Today, Lisa Marie Presley and Elvis Presley Enterprises are the official owners of Graceland. They are responsible for preserving its history and managing the properties. The house is a destination for millions of fans each year, and many music lovers have considered it to be their sacred pilgrimage. Graceland remains one of the most iconic landmarks in the United States, and will continue to be for many years to come.