how the “King” continues to gross more than $50 million every year

how the “King” continues to gross more than $50 million every year
how the “King” continues to gross more than $50 million every year

Elvis would have had 90 years old, January 8, 2025 and this year also marks the 70th anniversary of his meeting with his famous manager, le Colonel Parker. Not a quarter has passed since his death 48 years ago without us discovering new photos, new videos, publications or tributes about him.

Next May, for example, a new immersive show Elvis Evolution will be held in London, count 70 euros for a place. In , at the moment, the American Elvis lookalike, Nils Strassburg that the Presley family had dubbed, is on tour. He will sing at the Cité des Congrès in on January 8 and in on January 9. In short, Elvis Presley is still everywhere, every moment!

The “King” very profitable thanks to streaming

Each month, more than 50 million listeners listen to Elvis songs on platforms. This is three times more than two years ago. An Elvis song has just exceeded one billion plays on Spotify, the cult Can’t Help Falling in Love.

Suffice it to say that the public is far from getting tired of the iconic star. However, despite his fame, we must still remember that Elvis Presley is died without fortune, his lifestyle being absolutely insane and not conducive to savings. But since died in 1977the Presley empire is a business that is not weakening. Elvis generates on average each year around $50 million of recipes. This is the case for 2024.

The year 2023 was also an exceptional vintage with 100 millions earnings, but it included the release of two films and the sale of part of his song catalog. All this makes Elvis one of the highest grossing deceased artists. The mythology surrounding his lifestyle also represents the largest part of this posthumous income.

A legendary villa that always attracts crowds

Elvis’s grave is located at his Graceland estate in Memphis. This 23-room house, with a 13-hectare park, welcomes every year 600,000 people. It is a place of pilgrimage for fans of the King as well as the most visited residence in the United States after the White House. You have to spend at least 84 dollars to visit it, which therefore represents a large part of the profits surrounding the star.

This is why the King’s granddaughteractress Riley Keough, is fighting to keep Graceland. In May 2024, she notably succeeded in canceling a sale for the benefit of a mythomaniac who had put together a whole scheme around a fictitious loan concerning this residence which arouses desire.

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