Lisa Marie Presley was born in Memphis, Tennessee, exactly nine months after her parents' wedding. She lived at Graceland, Elvis' Memphis estate, until her parents' separated in 1972. Following their separation, and subsequent divorce, she divided her time between living at Graceland with her father and in Beverly Hills with her mother. This arrangement continued until her father died on August 16, 1977, after which she lived exclusively in Beverly Hills.
When her father died, Lisa became joint-heir to his estate with her grandfather, Vernon Presley, and her great grandmother, Minnie Mae Presley. Following the death of both Vernon and Minnie Mae, Lisa became the sole heir and inherited Graceland.
As a teenager, Lisa became a member of the Church of Scientology, where she met her first husband, Danny Keough. Her mother sent her to several boarding schools. She attended the 10th grade at an alternative boarding school in Ojai, California, called Happy Valley School. The last secondary school she attended was the Scientology-affiliated Apple School (later known as Los Feliz Hills School) in Los Angeles.
After the death of her father, Lisa and her mother had serious problems in their relationship. The key reason of this disharmony was her mother’s live-in boyfriend Michael Edwards. Her mother often left her with Michael due to her commitments as a TV actress. After Priscilla broke up with Edwards, he admitted his lust for Lisa in his book titled Priscilla, Elvis & Me