You'll tour his mansion and airplanes, and you can also take a stroll through the Elvis Presley Automobile Museum. If you want to learn more about the King of Rock 'n' Roll, visit Graceland. Here's one of the receipts from that week: It wasn't all for himself many of the pieces he purchased were gifts. In 2016 dollars, that equals about $390,471. In just one week in July 1975, he spent $85,680 in jewelry from his jeweler, Lowell Hays, who was on tour with him at the time. Elvis would've paid $28,883.88 for those same jumpsuits in 2016.Įlvis definitely enjoyed a few shopping sprees, too. In 1973, Elvis made $3,860,000 from personal appearances, $4,214,000 from music and recording and $143,000 from his films. Of course, Elvis had expenses like no on else.Ĭheck out the invoice below for his gorgeous jumpsuits. Within this one pivotal year Elvis sold ten million singles and well over three million EP and. Heartbreak Hotel, his first single with RCA records was recorded and released in January and became a number one hit, and by December 31 of the same year, he was famous worldwide. In 1962, Elvis made $902,000 from movies and $775,000 from music and recording, and he paid out more than $800,000 in income taxes. For Elvis Aaron Presley, 1956 was an epic and life-changing year. His income from films in 1961 would be about $7,164,088 in today's money, and his income from music would equal about $6,151,856 in 2016. In 1961, his income was $902,610 from movies and $775,078 from music publishing and recording. Of course, as Elvis' career blossomed, so did his bank account - and the amount he paid to Uncle Sam. Elvis wasted no time turning the mansion into a home fit for a rock star. Here's one invoice for the gates of Graceland: Just four years later, though, Elvis had purchased Graceland. In 1953, Elvis' refund was for a whopping $5.10. Check out his very first tax return from 1953: Besides, how many of us can claim couture jumpsuits as office attire?īut before he was a star, he was like a lot of other blue collar workers in Memphis. But his receipts and deductions were definitely a little more unusual than that of the average Joe. And while Elvis was the king, he still had to pay his taxes, like his fellow Americans. Here in the United States, tax day is April 18 this year. He loved his family, he enjoyed his career, he had fun with his friends, he loved music and he gave back to his community.īut he was also the King of Rock 'n' Roll, and he lived like rock 'n' roll royalty, with his own airplanes, gorgeous cars, stunning stage wear and, of course, his own castle, Graceland.
In so many ways, Elvis Presley was like everyone else. Just pity all those millionaires, they never can relaxīecause they're always worryin' about their income tax