Elvis Presley's most successful album was Elvis' Christmas Album, released in 1957 and sold over 20 million copies worldwide. What were some of the financial drawbacks of Elvis Presley's fame? Elvis Presley's fame came with several financial drawbacks, including exorbitant expenses, such as maintaining Graceland, funding his entourage, and a Michael Ochs Archives/Getty Images When Elvis died in 1977 from what was ruled to be a drug-induced heart attack in his Graceland home near Memphis, his net worth was only $5 million, plus debt, according to Celebrity Net Worth. (That's nearly $24 million in today's money, via Dollar Times ). But in 2004, she agreed to sell off 85% of Elvis Presley Enterprises' assets, including Elvis' likeness rights, for around $100 million to music entrepreneur Robert F.X. Sillerman and his Elvis has grossed more than $284 million worldwide. In terms of global box-office, it's No. 2, just behind Bohemian Rhapsody, the Oscar-winning 2018 biopic of Queen 's Freddie Mercury. Here USA. I'm aware that Elvis (stupidly) sold off all of his pre 1973 record royalties to RCA for a few million dollars. Is that agreement still in effect today meaning the estate only gets monies on stuff recorded post 1973 or did BMG/Sony find it in their hearts to cut the estate a check. It's mind bogging to think of how much cash Elvis Lisa Marie Presley, daughter of Elvis Presley, dies at 54. Lisa Marie Presley wrote about grief in her last post before her death. Starting in 2005, Presley suffered an "11-year odyssey to Many readers will be familiar with the existence of Elvis's films, even if the plotlines don't spring immediately to mind. Between 1956 and 1972, he made 33 movies, and in all but one he took In 1953, Elvis Presley was 18 and driving a truck. At Sun Studio in Memphis, he paid $4 to record a record -- legend has it, a birthday gift for his mother. Side "A" is called "My Happiness." "You Elvis is reported to have enjoyed spending his money on his family and friends, and it has been alleged The King ran low on cash from time to time. However, after his death, he was reported as having just $5million (£3.8million) in his bank account, along with a huge amount of debt. Elvis-the second most awarded solo performer and third most awarded act in RIAA history (after the Beatles at #1 and Garth Brooks at #2)-has racked up more Gold Records (101) than any other act and is the only artist still earning RIAA certifications whose connection to the association dates back to its founding. In 1958, the inaugural year of the RIAA Gold & Platinum program, Elvis GY1Xr.