Who owns the Elvis catalog? Even today that has to bring in a couple million per year in music sales and royalties.
I believe Lisa Marie owns only 15% of EP Enterprises, which Forbes said grossed $27 million in 2016.
She has income, just not what she is used to.
Most of the big acts from the early years made very little of the money they earned because the recording contracts were heavily tilted toward the recording company, the agents and various managements.
Most of the artists were in their late teens to early 20s and thought the money they were seeing would be enough to last forever. If prices were the same as the 1950s, maybe they would have been right.
But many of the acts lost their appeal by the mid-60s and the sales dried up, they got few royalties and were living off revival shows if they couldn't swing a casino gig. The ones who went too far on extravagance couldn't recover.
IIRC, she gave her hubby Michael Jackson the royalties or something.
No, honey, your manager didn’t do anything you didn’t allow. No one loses $100 million without working hard at it.