The future of Graceland, Elvis Presley’s historic Memphis home, is in question due to a dispute between Elvis’ granddaughter, Danielle Riley Keough, and a mysterious company named Naussany Investments & Private Lending LLC. Keough filed a lawsuit to block a foreclosure auction of Graceland, claiming that her mother and Elvis’ daughter, Lisa Marie Presley, never borrowed money from Naussany and never gave the company a deed of trust for the estate. Naussany claims that Lisa Marie Presley failed to repay a $3.8 million loan and put up Graceland as collateral. The legitimacy of Naussany Investments & Private Lending LLC is being questioned, with Keough alleging that it is a fraudulent entity.
Following Lisa Marie Presley’s death in January 2023, Keough took ownership of Graceland and became its sole owner after a settlement with her grandmother, Priscilla Presley. Lisa Marie had sold 85% of Elvis Presley Enterprises’ assets in 2004 but retained ownership of the Graceland mansion and Elvis’ personal items housed in the Graceland museum. Graceland is one of the South’s top tourist attractions, visited by hundreds of thousands of people annually, and Lisa Marie earned a significant income from it, according to court filings related to her 2022 divorce.
Danielle Riley Keough is a well-known actor, appearing in films such as “Mad Max Fury Road” and Hulu’s “Under the Bridge.” She began her acting career in 2010 and has since landed prominent roles in various projects. Keough recently starred in “Daisy Jones & The Six,” playing a troubled musician in a band on the brink of success. In a personal piece for Vanity Fair, Keough revealed that she has a daughter named Tupelo Storm Smith-Petersen, born via surrogate in August 2022. The name Tupelo is a tribute to Keough’s late brother, Benjamin Storm Keough, who passed away in 2020 at the age of 27.
The lawsuit filed by Keough against Naussany Investments & Private Lending LLC alleges that the company’s claims are fraudulent and that documents provided by the company, including a 2018 promissory note reportedly signed by Lisa Marie Presley, are forgeries. Despite efforts to reach Naussany by phone, the company’s contact number was out of service, and attempts to locate the company in Missouri, where it was listed as being located, were unsuccessful. Elvis Presley Enterprises, which manages Presley’s estate, has confirmed that Naussany’s claims are illegitimate and that there is no foreclosure sale taking place. A temporary restraining order has been granted to prevent Naussany from selling Graceland, and a court hearing is set to determine the future of the estate.
