Inside Riley Keough and Priscilla Presley’s new fight for Graceland

As the sole trustee of Elvis Presley’s estate, Riley Keough has inherited a role that looks set to keep her forever vigilant against those seeking to make a buck off the family name. Luckily for those who treasure her grandfather’s memory, Riley, 35, has shown she’s a force to be reckoned with when it comes to protecting not only the ones that she loves, but the places they hold dearest.

Last month, the daughter of the late Lisa Marie Presley was forced to go to war to stop a sinister plot to sell the beloved and famed family mansion Graceland to the highest bidder.
In an audacious move, a company calling itself Naussany Investments & Private Lending was set to auction off the historic Graceland, bought by Elvis in 1957, claiming Lisa Marie had used it as collateral on a $5.7 million loan which she had failed to repay.

The auction date was set for May 23, but Riley filed a lawsuit, alleging the claims were “fraudulent”. “Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” Riley’s lawyer wrote in the lawsuit. Reps for Riley accused Naussany of not being a legitimate company, and forging Lisa Marie’s signature on documents.

At a court hearing on May 22 in Tennessee, Chancellor Joe Dae Jenkins halted the sale.

“[The] estate is considered unique under Tennessee law, and in being unique the loss of the real estate will be considered irreparable harm,” Jenkins said. A rep for Naussany Investments later said it would withdraw its claims.

Elvis Presley Enterprises, which operates Graceland, said in a statement, “As the court has now made clear, there was no validity to the claims. There will be no foreclosure.”

Elvis’ ex-wife and family matriarch Priscilla Presley was more direct, writing on X (formerly Twitter): “It’s a scam!”

The Federal Bureau of Investigations (FBI) is now reportedly investigating the attempted sale.

According to TMZ, officials from the Memphis estate and Riley’s camp have contacted the FBI which has expressed interest in launching a criminal probe.

Not only is Graceland one of America’s most iconic tourist attractions – one which now generates tens of millions of dollars and welcomes 600,000 visitors annually – it is a symbol of Elvis’ legacy.

Lisa Marie was the owner of her father’s legendary home and the place she spent her early years, until her untimely death aged 54.

As the resting place of Elvis, both his parents, his paternal grandmother, Lisa-Marie and Riley’s brother Benjamin, it holds deep significance to the family.

“A lot of my family’s buried there, so it’s a place of great sadness at this point in my life,” Riley told Vanity Fair last year.