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The guns, drugs, Harley-Davidson golf carts… Some aspects of the King’s life had been alarmingThe cover story of the Observer Magazine of 30 May 1993 was Gordon Burn’s long feature on Elvis’s legacy – psychological and financial – as Lisa Marie Presley inherited her father’s $100m estate at 25 (‘Princess Graceland: The Presley Heiress’).For a while it looked as if Colonel Tom Parker’s infamous 50% commission on Elvis’s earnings was going to mean there would be nothing left to leave his sole heir. But that was until Lisa Marie’s mother, Priscilla, decided to open Graceland, their home, to the public.’ The house made $20m a year at the time – more than Elvis himself made in any one year. Continue reading...