On June 7, 1982, Elvis Presley's Memphis, Tennessee, home — also known as Graceland — officially opened to the public.
. On June 7, 1982, a blue ribbon-cutting ceremony was held by Elvis' aunt, Delta Presley Biggs, and CEO Jack Soden, officially opening the mansion’s doors for fans to experience his long-time private retreat through live tours. Graceland has since welcomed more than 22 million paid visitors over the past four decades and has become one of the most famous homes in the world, joining the ranks of famous residences like the White House and Buckingham Palace.
Elvis died in his master suite at the Graceland estate in August 1977 due to heart failure. The official history page describes Elvis as having been not one to "worry about financial planning," and instead enjoyed and shared his wealth during his lifetime. "The will provided that Vernon Presley could, at his discretion, provide funds to other family members as needed. Vernon Presley died in 1979. Minnie Mae Presley died in 1980. This left Lisa Marie Presley as the sole heir to the estate,"But Elvis’ will noted how Lisa Marie’s inheritance was to be held in trust for her until her 25th birthday in 1993.
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