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Why didn’t Elvis Presley have much money when he died

Elvis Presley money

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Why didn’t Elvis Presley have much money when he died

Elvis Presley lived like a true king. Saving money for the family was not in his plans. Also he was generous with gifts. So the singer’s heritage was surprisingly timid when he passed away in 1977.

Information from the Celebrity Net Worth website details Presley’s possessions equivalent to just $ 5 million dollars in the year he died. The amount, adjusted for inflation, would be equivalent to US $ 20 million today.

Despite being a considerable sum, the King of Rock’s final net worth was quite small for an artist with estimated earnings of between $ 100 million and one billion over his career, according to Forbes.

The singer was known for being open-handed. Also generous to people close to him. An article in the Los Angeles Times reported Presley’s taste for “giving friends – and even strangers – Cadillacs and other gifts”.

Elvis did not believe in the need to save money. Since financial problems could easily be solved with a new album or tour announcement. Priscilla Presley, his ex-wife and mother of Lisa Marie, struggled with financial management in the early years after her husband’s death.

Elvis Presley Death

When it comes to the death of Elvis Presley, much is speculated about. Before his death, the king was taking many remedies and in generous doses.On August 16, 1977, in the bathroom of the Graceland mansion in Tennessee, Elvis’s heart stopped beating. Bride Ginger Alden found him. In front of the toilet, with belly down and pants lowered, around 14 o’clockThe official cause was cardiac arrhythmia. On the other hand, the Presley family had a history of coronary heart disease. 15 different drugs were in his body. 10 of which were in dangerous amounts (ten times the therapeutic amount of the anesthetic codeine, based on morphine).

When the paramedics arrived, the body was already turning blue and cold. On the way to the Baptist Memorial Hospital, a resuscitation was attempted unsuccessfully, after all “it was Elvis.” He was pronounced dead at 3:16 pm, without any investigation into the mansion, photos of the bathroom, or consideration for the fact that Elvis Presley was taking medicines as if they were M & Ms.

The king’s health was not the best. He weighed nearly 160 pounds and needed constant assistance from a nurse. In his last shows, he was barely moving enough to reach the microphone, and when he arrived, he would cling to the pedestal as if he did not have the strength to stand.

His bowels and heart were twice the size of the organs of a healthy 42-year-old man and he had problems with his coronary veins, aorta, and cerebral arteries. The lung had signs of emphysema, even though the singer was non-smoker.

I am a brazilian journalist, a classic rock and heavy metal lover. Music has always been part of my life, helped me through tough moments and was with me to celebrate the good ones. When i became a journalist i knew i wanted to write about my passions. After college I did a postgraduate degree in digital communication. This has helped me to make the website better and bring the best of classic rock to the world! MTB: 0021377/MG

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