Elvis' daughter nearly broke after mismanagement of money she didn't earned.

Target4U · 2018-02-24T05:41:05+00:00

What. A. Stupid. Bitch. She didn't have to do anything but she managed to screw it up. Facepalm.

bingobongo991 · 2018-02-24T06:34:25+00:00

Wow she could have lived off the interest. Lol moron.

Itsbbbitch · 2018-02-24T07:07:12+00:00

[deleted]

Paladin2903 · 2018-02-24T05:43:42+00:00

What a fucking idiot. There’s no other way to say it, or to feel bad. Ever heard the word “annuity”? It’s income for life.

gods_bones · 2018-02-24T06:40:12+00:00

I always hated that bitch. You can tell she's a total fucking dyke who only uses men for money. Even MJ couldn't stand her, and he never even had sex with her.

UnimatrixBinary · 2018-02-24T07:04:13+00:00

Women can't manage money.

Zeliow · 2018-02-24T10:48:58+00:00

that's 18,000 per day... how even???

Cristoff13 · 2018-02-24T09:18:18+00:00

Its partly because of leeches like this that copyrights are now (effectively) infinite.

anticultured · 2018-02-24T11:40:00+00:00

ITT: Seems that everyone missed the point that someone else allegedly lost the money. My guess is that it was both of them who mismanaged and lost it.

According to Us Weekly, when Elvis died in 1977, he left his daughter a trust fund that has since been managed by Siegel. But Presley claims that in 2005 Siegel sold 85 percent of her interest in Elvis Presley Enterprises for $100 million and used the money he obtained from the sale to invest in Core Entertainment.

The entertainment company reportedly went bankrupt in 2006, however, losing Presley big money. Presley said that she was not notified of the Core deal and lost $24.5 million as a result of the bankruptcy.

http://www.foxnews.com/entertainment/2018/02/23/lisa-marie-presley-sues-former-manager-for-100-million-after-announcing-massive-debt.html

That sounds like a scam to me.

disstopic · 2018-02-24T09:09:32+00:00

She's given it all to Scientology.

SlainFunicle · 2018-02-24T11:13:34+00:00

Now she is suing someone for her spending how stupid can a woman be

2018-02-24T15:45:15+00:00

Wow, how do you fuck that up? You literally don't even need to invest. Just sit back and not spend like an idiot.

2018-02-24T15:54:34+00:00

I would buy a lot of real estate with that money.

MiG35ToW · 2018-02-24T10:51:17+00:00

At least she had fun =P Now she has to live like the peasants.

2018-02-24T16:17:01+00:00

She is currently battling her fourth ex-husband, father of her nine-year-old twins Michael Lockwood, in the divorce courts and claiming she is $16 million in debt – although Lockwood disputes that, saying “she has not disclosed her assets or their values”.

Skiguy93 · 2018-02-24T17:15:16+00:00

How in the fuck is that even possible.

mgtowliberdade · 2018-02-24T22:43:58+00:00

What a fucking abusive dad. Why didn't he kept on living to earn more? We all know most women see saved money as "must spend all" money.

Kinda of related clip from Everybody Hates Chris https://youtu.be/UvogHJ3DJLc

2018-02-24T11:23:37+00:00

He should be checking in to Heartbreak hotel in the next few weeks then

SuspectedLumber · 2018-02-24T12:33:50+00:00

Haaahahahahahaha

mgozmovies · 2018-02-24T14:36:19+00:00

"The attorney for Siegel defended the former manager's Core Entertainment deal and said to the The Blast, “The 2005 deal she is complaining about now cleared up over $20 million in debts Lisa had incurred and netted her over $40 million cash and a multi-million dollar income stream, most of which she managed to squander in the ensuing years.” http://www.foxnews.com/entertainment/2018/02/23/lisa-marie-presley-sues-former-manager-for-100-million-after-announcing-massive-debt.html

fcb98292 · 2018-02-24T19:13:36+00:00

$100 million feeds $10 million gross interest per year. Is this girl so high-brow, because of someone else's success, that living off $10 million a year was not enough? Am I missing something here?

Suing former business manager...

Of course, another lawsuit to steal what isn't hers. Victim status card has now been played. How predictable.

Fuck you, bitch.

Jeffb957 · 2018-02-24T19:31:03+00:00

If she had simply dumped 100 mil into a well managed mutual fund, she could have reasonably expected to make 10 mil a year in interest. She could have given herself a salary of 5 mil a year, and still grow the principal, and compensate for the occasional bad year.

It takes talent to fuck up on that level.

Nezborn02 · 2018-02-24T21:01:48+00:00

i can't even imagine how i would spend all that money

TheMarvelousSchmuck · 2018-02-25T00:08:30+00:00

How the fuck do you manage to not live the rest of your life off such a sum? I'd be set if I even had a fraction of that inheritance. I mean fuck, not even a million or two left over! Not even an "in case of emergency" fund saved up!

It takes a spectacular amount of utter fucking retardation to screw up such a great deal so badly.

I'm not the type of guy who complains about life's unfairness, I just work with what I was given. But when I see shit like this, it gets under my skin in the worst possible way. Here I am busting my ass just to keep myself fed, meanwhile this dumb bitch throws away one hundred million dollars that she was just given and then blames someone else for her unbelievable idiocy.

Hey, God? Yeah, fix your shit.

Browser2025 · 2018-02-25T01:20:58+00:00

Damn she got a $100million in cash at once and couldn't live off of it.

her_958_resistors · 2018-02-25T02:16:23+00:00

Woman fucks up, blames man. We haven't seen the last of this ...

clybourn · 2018-02-25T03:12:27+00:00

Hot damn tamale!!!

hodltaco · 2018-02-25T08:30:21+00:00

Pretty sure Graceland is still pumping money like an ATM. Was there last year. Somebody is getting rich.

Mapispema-ta · 2018-02-25T16:33:28+00:00

How do you fuck up a 100 mil inheritance?

DextroShade · 2018-02-25T19:48:36+00:00

I would really like to see a breakdown or pie chart of what she blew the money on. I expect shoes, jewelry and drugs to be categories.

Title	Elvis' daughter nearly broke after mismanagement of money she didn't earned.
Author	canfidel
Upvotes	263
Comments	93
Date	February 24, 2018 5:13 AM UTC (8 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/7zuj7e/elvis_daughter_nearly_broke_after_mismanagement/
Archive Link	https://theredarchive.com/r/MGTOW/elvis-daughter-nearly-broke-after-mismanagement-of.589425 https://theredarchive.com/post/589425

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