The proceeds from Graceland are currently divided between Lisa Marie Presley, Priscilla Presley, and the Elvis Presley Trust. She sold it to a private organization in 1983, but the Presley family retained a portion of the profits. Trumps Relationship With Jared and Ivanka. Colonel is depicted as a Svengali character and, to be fair, most managers of popstars over the years have been more than a bit dodgy, he said. He even put additional posters up, even if the venues were sold out, because what he was doing was selling Elvis. The evidence, though, remained entirely circumstantial. His 25 percent commission from Elviss tours and record sales alone amasses to nearly $14 million dollars, plus another $2 million for his film commissions. Elvis wanted to perform, it was his life, he said. Circa 1985. By the end of 1956, Elvis had generated nearly $22 million in revenue, more than any other singer that year. They also still made a few appearances behind Elvis after Parker convinced the singer to join the Army in 1958 but were then completely sidelined in the early 60s. He was ruthless and heartless. Due to the current situation with the coronavirus outbreak, its not yet known when tickets will go on sale. Parker also strongly objected to Elvis recording songs in West Germany (where his garrison was stationed) to prevent Elvis from getting another manager there and fought to maintain public interest in Elvis during his time in the army. In the 1980s, Vernon Presley, Elviss father, along with his daughter, Priscilla, who had been married to Elvis from 1967 until 1973, were living in the home. In the deal, Parker received $6.2 million over seven years. Elvis Presleys daughter, Lisa Marie Presley, inherited his entire estate. Parker died in 1997 at the age of 87. His 25 percent commission from Elvis's tours and record sales alone amasses to nearly $14 million dollars, plus another $2 million for his film commissions. Loanne dug in her purse and produced a torn picture of a rag street vendor doll, posed with a teddy bear. The Colonel was even against the reunion which made the Elvis 68 Comeback Special so special. Aside from arguably being the father of American popular culture through the marketing and merchandising of his client, the Colonel negotiated one of the first $1 million-a-picture deals for a Hollywood actor, landed Elvis the highest-paying Vegas contract for the time, and protected the exploitation rights for dead celebrities through his swift actions for the Presley estate in 1977. Tom Parker American or Dutchman? Its Elvis Time, April 1967; Alanna Nash. Ill Let the Chips Fall Where They May: The Life and Confessions of Mob Chef David Ruggerio. The most she could point to were a series of eyewitness statements that suggested the killer had been an unusually well-dressed man, clad in a bright coatlight yellow, always Tom Parkers favorite color. Thats why he does not want to be known. The estate also makes money from licensing and merchandising, royalties from his record sales, and other commercial activities related to the estate. Either way, what had been meant as the robbery of an empty store had gone wrong, and, in a sudden burst of fear and temper, the Colonel had lashed out and killed a woman without meaning to. After that, the killer had scattered a thin layer of pepper around the body before fleeing, apparently in the hope of preventing police dogs from picking up his scent. How much did Elvis pay Priscilla Presley? London: Aurum 2003; Dirk Vellenga with Mick Farran. Shes not going to steal it, Colonel, Loanne laughed. Faced with this problem, Parker could not keep up with the pace of presentations and eventually had to allow Elvis to return to his Graceland residence, dedicating himself only to receiving his royalties from RCA but without returning to recordings. See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. 5 million, which would be almost $45. More still went to RCA records, sole owner of all of Elvis' music before 1973, thanks to a $5.4-million deal Parker arranged in that year. Hanks reportedly received a pay bump for reprising his role as Woody in the second and third films, however, with rumored salaries of $5 million and $15 million, respectively. He then went on to spend a further estimated $500,000 to transform the property, adding a racquetball court, pool and two-story carriage house. How much money did Colonel Parker make off Elvis? Loanne, wheres that picture?. He and I got into some violent, violent fights.. By contrast, the Colonel kept a higher percentage of the movie take than the star, and consigned Presley to a series of increasingly cringeworthy films, even for the singer himself, who yearned for the challenge to play a real role. I offer it only as a theory, a possibility. According to the New York Times, Lisa Marie inherited the bulk of Elvis estate, amounting to a 75% inheritance, while his father and grandmother split the remaining 25%. He had been born there in June 1909, the seventh child of a delivery driver and his wife. The Rolling Stones manager Andrew Loog Oldham locked Keith Richards and Mick Jagger in a room and wouldnt let them out until they wrote a song. Elvis wife: What happened in shock affair which ended Elvis marriage? Their manager, Brian Epstein, was dedicated to them. I cannot say without reservation that he killed this woman. He sold Elvis hats, lipstick, sneakers,. Presley lobbied for the role of Terry Malloy in On the Waterfront. On February 14, 1964, five days after the Beatles made their debut on The Ed Sullivan Show, Elvis sat at a press conference with the Colonel on the pier at Long Beach, California. Presley loved the song so much he rewrote the lyrics himself rather than have it go unreleased. He had no children, and he treated his wife as a companion, not as a lover. The second show sold out. ELVIS PRESLEY and Colonel Tom Parker had a complex relationship over the years and the manager is widely reported to have taken an extortionate 50 per cent cut of all the King's earnings.. He even sold I Hate Elvis buttons. He made about $200 million during his professional career and was said to be the highest-paid performer of the 20th century. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Police Order Presley Clean Up His Pan-Pac Show. Hollywood publicist Gene Schwam recently revealed to Variety the story behind the headline: told that the second show wasnt moving tickets, Schwam, taking a suggestion from Parker, called the police and said hed heard that Elvis was getting too risqu for the kids. Then he told the press what the police said. The musical interference was worse than any of Parkers usurious paperwork. Business as usual. Parker, they suggest, went to van den Endens store looking for money to fund his emigration to America. Potomac, was going to be salvaged. He did not give 2 shits about Elvis. Nash sums things up this way: I want to be clear in saying that there is no hard proof that he committed this murder, in my heart of hearts, I believe he did. 5 million today. In this Elvis Presley biopic, the musician is presented as a mythic figure and true life superhero, saving the world from repressive rhythms to become the King of Rock and Roll, while Parker comes off as the cartoon villain, and not only because Hanks sounds like the Dutch uncle of Looney Tunes Foghorn Leghorn. Colonel Tom Parker was best known for. Cookie Settings, Nash still believes it more likely than not that Colonel Parker was a killer, Kids Start Forgetting Early Childhood Around Age 7, Archaeologists Discover Wooden Spikes Described by Julius Caesar, 5,000-Year-Old Tavern With Food Still Inside Discovered in Iraq, Artificial Sweetener Tied to Risk of Heart Attack and Stroke, Study Finds, The Surprisingly Scientific Roots of Monkey Bars. Ever adept at extracting as much money as possible from his star, Parker had licenced out the rocker's name and image to 18 companies, with 30 products on sale by September 1956. There, in Parkers hometown, a journalist named Dirk Vellenga got a tipit was Do you know that Tom Parker comes from Breda? Colonel Tom Parker Didn't Make Elvis Go To The Army to Give Him a More Wholesome Image In the film, Luhrmann suggests Colonel Parker persuaded Elvis to go into the U.S. Army in. When Elviss income began to dwindle in 1966 as public interest in his movies waned, Parker suggested a major publicity stunt to bring his client back into the limelight: a marriage to Priscilla Beaulieu, Elvis Presleys partner for nearly ten years, taking as an example the great publicity gained in those days by Frank Sinatras marriage to actress Mia Farrow. 4 million from his movies, $4. Answer (1 of 3): There is no credible evidence to suggest that Tom Ford ever stole money from Elvis Presley. Terms of Use All rights reserved. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'coalitionbrewing_com-leader-4','ezslot_12',156,'0','0'])};__ez_fad_position('div-gpt-ad-coalitionbrewing_com-leader-4-0');According to Celebrity Net Worth, Lisa Marie Presley is estimated to be worth around $300 million. 2 million in modern currency. Near the end of the film, Elvis learns that Parker is not an American, and doesnt have a passport, which means Elvis will never fulfill his dream of playing in Europe. Sure, he was out of touch with the times by then, and didnt see the Phoenix-like potential of what the special could do for his attraction, as he called Elvis. Elvis Presley: RARE look at songs in King's record collection - VIDEO, Elvis Presley expert on TRAGIC truth about friendship with Tom Jones, Elvis Presley and Colonel Parker had a complex relationship over the years, Elvis Presley's manager Colonel Parker is widely reported to have taken a 50 per cent cut of his earnings. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. He has a Ph.D. and speaks five languages. Parker returned to the U.S. in 1929. Parker was an essential and controversial figure in Elvis life, and in this article, we are going to tell you whether he actually stole money from the King or not. Although it took years for the story to leak out, the mystery of the Colonels origins had actually been solved as early as the spring of 1960, in the unlikely surrounds of a hairdressers salon in the Dutch town of Eindhoven. That version doesnt fully fit the facts; its impossible to know now within a week when Parker left the Netherlands, and hence how closely his departure coincided with the Breda murder. The only song I suggested was Are You Lonesome Tonight? I got Elvis the most money ever for an entertainer in Las Vegas. Hes always Tom Hanks, cladded up in a fat suit, prosthetic jowls, and an exaggerated nose drooping from a boiled egg of a face and pate, sometimes resembling his pal LBJ. When brother Ad returned to Breda, moreover, he remained perplexingly silent on the subject of Driess glamorous new life. Today, the estate of the legendary singer, songwriter, actor, and cultural icon Elvis Presley is worth an estimated $300 million. He took the name Tom Parker when he enlisted in the Army, christening himself after the officer who interviewed him. By the 1960s, Parker could have placed a phone call directly to Lyndon Johnson to smooth out any problems with his naturalization. I don't think anyone can give you a specific dollar amount, but by the mid 1970s, Parker was taking 50 percent of Presley's income and the expenses were coming from Elvis' half. The discovery left Vellenga perplexed. The Colonel: The Extraordinary Story of Colonel Tom Parker and Elvis Presley. Elvis Presley immediately began his career as a great rock star and Parker soon realized that Elviss personal charisma and stage dominance led him to a new mass media, television. Epstein would never think about stepping into the studio while the Beatles were recording. According to a Life magazine article written in 1969, Richard Nixon even referred to Parker as The Millionaire Manager. This means, notes Nash, that he set out in a foreign country literally penniless. In the late 1970s, Vellenga ended one of his newspaper features by posing what seemed to him a reasonable question: Did something serious happen before Parker left that summer in 1929, or maybe in the 1930s when he broke all contact with his family?. The Colonel made a joke out of both. These could be called animal cruelty shows. The result was a show titled Elvis, taped at the NBC studios. At last, I want to say what was told to me 19 years ago about this Colonel Parker. Colonel Tom Parker, Elvis's manager from 1955 to his death in 1977, earned an estimated $50 million from the singer's estate. He told Express.co.uk the rock n roll icon wasnt as showbiz as fans might expect from his public persona. His real name was Andreas van KuijkDries (pronounced Drees) to his familyand as far as anyone could tell, he changed it to Tom Parker because that was the name of the officer who interviewed him when he signed up for the Army. When the band faced death threats after the 1966 bigger than Jesus controversy, his first reaction was to cancel their American tour and take it out of his own money. Amid safety concerns, and anxiety over the fate of a $200 million movie, Lauren Pazienza, Whose Shove Allegedly Killed a Beloved Manhattan Vocal Coach, Argues She Is Getting a Raw Deal. Heres more about what the movie gets right and wrong. It is estimated that she inherited around $100 million from his estate after his death in 1977. Off to the side as always, his manager, "the bigbellied, strawhatted, cigarcarrying" Colonel Tom Parker, watched over him. He was a carny and Elvis was his cash cow, nothing more. That's amazing for anyone let alone a smoker and someone who was borderline obese. Presleys breakthrough single Heartbreak Hotel was released as a single on Jan. 27, 1956. The lack of a passport might even explain the single greatest mystery of . Finally, he turned to Loanne. Not a single witness at the time suggested that Andreas van Kuijk had ever been a suspect. Instead, Priscilla later opened a major beauty supply franchise in Las Vegas, which provided her a consistent source of income. The film has it wrong: Parker likely didnt blanch when Elviss hips summoned the vice squad. Presley was very serious about his music and honestly wanted to bring that to acting. Following his death in 1977, Elvis estate has grown significantly due to the continuous production of official merchandise and the use of his music in various media. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. There is some speculation this may be due to the managers hidden status as an illegal immigrant. We had problems going above storms because we could only go so high. He also staged the first live international solo concert via satellite with Elviss Aloha from Hawaii special in 1973. The Colonel was largely able to suppress all these unwelcome details; when his overjoyed family sent a brother to the States to see him, the Colonel received him coollyworried, apparently, that his mother and his siblings might be after money. He sold the rights to Presleys early recordings, gave away the rights to the master recordings, lost royalties after he negotiated Elvis seven-year contract with RCA Records in 1973, and squandered his own fortune to a gambling habit. But his apparent unwillingness to solve what should have been a minor problem does remain a puzzle. But he was never inept, and he was fiercely loyal in his business dealings and determined to honor his contracts to the letter. The pair split the money 50/50 and RCA legally received all of the royalty commissions from his extensive catalogue of music. By the time of the 1968 comeback special, Presley was worried time passed him by because of the British invasion. But the Colonel trusted no one. Live performances in Las Vegas continued throughout 1969 and 1970, returning Elvis to the pinnacle of rock and roll fame and returning to the level of income of his best years. Get the best of Den of Geek delivered right to your inbox! Was he a cheap crook that played fast and loose? In many cases, he stopped Elvis from touring and even kept him from working in blockbuster films. The only thing Epstein couldnt do for the Beatles was negotiate in their favor, losing them millions of dollars in bad copyright, recording, and merchandising deals. Elvis himself amassed considerable wealth throughout his lifetime and due to his worldwide success, especially after his death, his estate has only increased in value. Baz Luhrmanns Elvis stars Austin Butler as the hip-swiveling titular hound dog and Tom Hanks as his manager Colonel Tom Parker. The proceeds from these licensing agreements are typically shared with the family and some key former employees. The Presley estate also has a charitable component. A few years later, when the draft was introduced during the World War II, Parker ate until he weighed more than 300 pounds in a successful bid to have himself declared unfit for further service. Elvis Presley: SURPRISING revelation from Vernons office at Graceland, John Lennon: Why Elvis Presley hated The Beatles star, Elvis Thats the Way It Is release date: When is Elvis documentary out. Elvis also known as "the King" or "the King of Rock and Roll"was very popular in the 1960's. Presley created new styles by gyrating his hips and dressing differently. The 42 Best Romantic Comedies of All Time, The 25 Best Shows on Netflix to Watch Right Now, Scene Stealer: The True Lies of Elisabeth Finch, Part 2. Elvis Presley spent an estimated $100,000 on the purchase and renovations of his famous estate, Graceland. Elvis was just as famous in London, Berlin and Tokyoyet in a career of almost 30 years, he played a total of only three concerts on foreign soil, in Canada in 1957. By reorganizing and extending Elviss tours, he not only made the singer more money but was able to keep the king of rock and roll an integral part of American culture. The Beatles were managing themselves by that time and had produced their own film while Epstein was still alive. Parker's response: . Whats his name?. I have to admit I read that and I was like, Go mom, laughs Clea Newman Soderlund, speaking about her fathers posthumous memoir, Ezra Millers Messiah Delusions: Inside. These include financial security for the Presley family and other associated individuals, as well as funds for charitable causes. At first, all Vellengas inquiries turned up was old tales from the Van Kuijk family, who still remembered how their Dries had been the family storyteller and liked to dress as a dandy. The lack of a passport might even explain the single greatest mystery of Presleys career: why the Colonel had turned down dozens of offers, totaling millions of dollars, to have his famous client tour the world. To me, personally, he was very, very nice, he said. After Elvis death, an investigation concluded that Parkers management deal of 50% was extortionate compared to the usual average of 1520%, as well as that Parkers handling of Presleys business affairs during his lifetime was unethical and mishandled. 2 million from his investments, bringing the grand total to over $28 million. I know that from a letter he wrote to his nephew in the 60s after his family identified him from a magazine photo and began to write to him. Arthur S. Poe is a writer based in Europe. So where did all of Colonel Tom Parker's money go? It is a deal that severed the Presley estate from the royalties for more than 700 songs and put $2.6 million in the colonel's pocket. Reports from the IRS and other sources estimate that Presley made an estimated $20 million from his music career, $1. He talked about it all the time, for years.. He is currently focusing on anime, his childhood love, with special atten Did Colonel Parker Steal from Elvis? Colonel Tom Parker was Elvis Presley's manager for more than 20 years, and was with him when he died on August 16, 1977. Tom Hanks plays the bad guy in Baz Luhrmanns Elvis, but what the real historical Colonel Tom Parker did to Presley was heinous. I will say that he had an amazing ability to compartmentalize events and feelings in his mind. But, backed by some members of the Van Kuijk family, Nash still believes it more likely than not that Colonel Parker was a killer. Yes, Elvis Presley made a considerable amount of money from his career in films. A four-footed one?, I should say not. And that is why it is so mysterious. Even when Elvis was on tour, he went to the next town, he made sure the radio, the TV were aware that Elvis was arriving, Todd continued. In general, many Elvis songs have been published by various music publishing companies, including Sony/ATV Music, Universal Music Publishing Group, Hill and Range, and Gladys Music. As Parker confesses at the beginning of the movie, There are some whod make me out to be the villain of this here story. And it can be said that the Colonel was the antagonist of Elvis true life as well. This may include adverts from us and 3rd parties based on our understanding. In 1992, after Vernons death, Priscilla moved out of Graceland, and Lisa Marie continued to live there. According to reports, the prenuptial agreement stipulated that Priscilla Presley would receive a lump sum of $100,000 if they ever divorced. Forget the monetary malfeasance, Parker curbed the art. The Colonel encouraged anything that grabbed headlines and created controversy for his boy. If something troubled him too much, he was able to store it in a back corner of his consciousness, though he always had trouble keeping it there. Aside from arguably being the father of American popular culture through the marketing and merchandising of his client, the Colonel negotiated one of the first $1 million-a-picture deals for a. Moore, Black, and drummer D.J. Elsewhere in this section of the film, Parkerwho in real life had sold the network on the idea of a Christmas special so he could turn Elvis into a late-60s Bing Crosbyappears as a bumbling rube in his insistence that Elvis sing Here Comes Santa Claus. Its funny, but renders Parker ridiculous. A "colonel" in honorary terms only, he was a shrewd, showman-like figure who learned how to sell an act by working for carnivals; he often referred to Presley as "my attraction." He understood. Elvis Presley and Priscilla Presley had a prenuptial agreement in place when they got married in 1967. And when Alanna Nash went through the Dutch courts to obtain a copy of the original police report on the murder, she found that nowhere in its 130 handwritten pages was there any mention of the young man who would become the Colonel. Asked what the King was really like away from the cameras and stage lights, he said: I would imagine he lived for the stage and got very little in his personal life. His accent wasnt so theatrical, and he was way funnier than Baz Luhrmann gives him credit for. 7 million from his shows, and an estimated $2. Express. It's unclear how. Mike Dash The fact that Parker had Elvis as his only client made the financial situation of the former manager difficult, and in 1981 Parker was brought to trial by Priscilla Presley, accusing him of negligent management. Advertising Notice Parker noted that Elvis presence in various films was a sure source of income for many years, until the public began to react unfavorably. It carried a story about Presleys recent discharge from the U.S. Army, illustrated by a photo of the singer standing in the doorway of a train and waving to his fans. Furthermore, throughout the late 1950s and 1960s, Elvis was one of the most popular entertainers in the world, so many moviegoers were likely to attend his films just to see the singing and dancing of their idol. After the December 1968 special, Parker got Elvis to return to live performances, centering them in the newest and biggest casino in Las Vegas, while convincing Presley to raise his managers fee to almost 50% of the previous ones. Some of them have received royalty payments, as well as rights to use his name. He graciously accepted the piece of shit, as Thomas is said to have called the boat, to sell for cash. He took 25 per cent which, at that time, was the industry standard., Todd claimed there was only a 50/50 split between Elvis and the Colonel when it came to licensing and merchandise, insisting: But it was never a 50/50 split on his earnings.. In parallel, Parker discouraged Presley from his project of offering great live concerts, to the point that in mid-1961. He didnt want to stifle them. That never happenedElvis died not knowing of Parkers illegal statusbut he would have had to have had a tin ear not to pick up on an accent as obvious as Hankss. Elvis Presleys manager Colonel Tom Parker, whose sole client was the King, has long been said to have taken 50 per cent of all the rock n roll icons earnings. Parker went on to manage the crooner Gene Austin and country singer Hank Snow (David Wenham in the new movie), the latter of whom made some very important introductions for the young Elvis. In July 1972, inspired by Richard Nixons visit to the Peoples Republic of China, Parker reported that Elvis would give a major live concert in Hawaii to be broadcast worldwide via satellite television.