Elvis Presley Enterprises
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Elvis Presley Enterprises, Inc. (EPE) is a corporate entity created by the "Elvis Presley Trust" to conduct business and manage its assets.
After Elvis Presley's death, his ex-wife Priscilla Presley turned the singer's former estate, Graceland, into a moneymaker. She became the chairwoman and president of Elvis Presley Enterprises. After Graceland opened to the public in 1982, the enterprise's fortunes soared and eventually the trust grew to be worth over $100 million.
Later, EPE was wholly owned by the "Elvis Presley Trust" and Presley's daughter, Lisa Marie Presley until February 2005, when Robert F.X. Sillerman and his new media and entertainment company "CKX, Inc." acquired an 85% interest in Elvis Presley Enterprises, Inc., including its physical and intellectual properties. Lisa Marie Presley retains a 15% ownership in the company and continues to be involved, as does her mother Priscilla Presley.
The company endeavors to turn Elvis Presley's former estate into an international tourist destination.
See also Graceland#Tourist destination.
