Lisa Marie Presley Issued With $0.4 Million Tax Arrears

Lisa Marie Presley, the daughter of the King of Rock Elvis Presley and ex-wife of the King of Pop Michael Jackson, has been issued with tax arrears amounting $402 432 by the State of California, reported some US media on August 10, 2019. The back taxes are said to be for 2016 and 2017 tax years. However, the tax arrears do not imply the only child of the King is short of cash despite her net worth having plummeted from $300 million as of 2018 to $16 million as of 2019 by Celebrity Net Worth magazine.

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