![]() Yet again, Priscilla came to the rescue, selling her own Los Angeles mansion to help her daughter with her crippling debt. Gladys Lavada Knight, of Bennington, Oklahoma passed from this life on Monday, Octoat the age of 73. Instead, she had a mere $14,000 in cash and owed millions in back taxes and credit card debt, according to Forbes. She joins the long list of celebrities who have been. Per Forbes, in 1993, Priscilla's daughter, Lisa Marie, turned 25, at which point she became eligible to directly inherit the money, per Elvis' will. Money woes plagued the starlet, however, and within ten years, she claimed $100 million was gone. On Tuesday (September 19) the singers reps officially confirmed that Gladys Knight is not dead. In the mid-1970s, she became a household name because of this song. Their hallmark song, Georgia, features her. She and her siblings formed a singing group they dubbed The Pips. Thankfully for the Presleys, the singer's ex-wife, Priscilla, stepped in, turning Graceland into a tourist attraction, and the property was worth over $75 million by 1989. Gladys Knight Net Worth: It is predicted that Gladys Knight net worth is 28 million. Bluntly put, without Elvis being alive to tour, make appearances, or star in movies, the family found themselves in trouble. William Guest, a longtime member of Gladys Knight and the Pips and a Rock and Roll Hall of Fame inductee, passed away Thursday in Detroit from congestive heart failure. ![]() According to the Los Angeles Times, his estate was worth $4.9 million, while "the cost of maintaining Graceland was about $480,000 a year - most of it going to taxes, insurance and 24-hour security for Elvis' gravesite." If that wasn't enough, most of the royalties from Elvis' songs went to RCA, not his estate.
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