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Around $1 million
- Colonel Tom Parker’s net worth at the time of his death in 1997 was around $1 million, which is equal to $1.9 million today considering the inflation.
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Jun 18, 2022 · For his part, Parker himself died with a net worth of $1 million, or roughly $1.8 million in today's money (via Dollar Times). That number is down significantly from an estimated $100 million Parker earned in his lifetime, as Celebrity Net Worth states.
Jan 2, 2024 · Colonel Tom Parker’s net worth at the time of his death in 1997 was around $1 million, which is equal to $1.9 million today considering the inflation. If he hadn’t lost his money due to gambling, his net worth in 1997 might have been around $270 million.
Colonel Tom Parker’s net worth when he died was $1 million, equivalent to roughly $1.8 million in today’s money. He earned an estimated $100 million in his lifetime, significantly more than his net worth at the time of his death.
- What Was Colonel Tom Parker's Net Worth?
- Loss of Wealth
- Early Life
- Military Service
- Career Beginnings
- Elvis Presley in The 50s
- Elvis Presley in The 60s and 70s
- Post-Elvis
- Personal Life and Death
Colonel Tom Parker was a Dutch-American talent manager and musical entrepreneur who had a net worth of $1 million at the time of his death in 1997. Colonel Tom Parker was best known for being the manager of Elvis Presley. He facilitated Presley's rise to superstardom in the 50s, and also influenced his decisions to accept his military draft and to ...
Despite earning over $100 million during his lifetime, at the time of his death Colonel Tom Parker was reportedly worth less than $1 million. He also reportedly had as much as $30 million worth of gambling debts at various times in his life. He also lost a large portion of Elvis' personal wealth. At the time of Elvis' death, he was worth just $5 mi...
Colonel Tom Parker was born as Andreas Cornelis van Kuijk on June 26, 1909 in Breda, Netherlands as the seventh of eleven children of Adam and Maria. Growing up, he worked as a carnival barker in his hometown. When he was 15, Parker moved to Rotterdam, where he worked on boats. A few years after that, he illegally entered the United States by jumpi...
Parker enlisted in the US Army shortly after his return to America. To hide that he was an illegal immigrant, he adopted the name Tom Parker, which was the name of the officer who interviewed him. For two years he served in the 64thCoast Artillery at Fort Shafter in Hawaii. He then re-enlisted at Fort Barrancas in Florida. However, after his re-enl...
After being discharged, Parker returned to carnival work, working as a carnie with Royal American Shows from 1931 to 1938. Following this, he entered the music industry as a music promoter. The first major artist with whom he worked was popular crooner Gene Austin. During this time, Parker also served as a field agent for the Hillsborough County Hu...
In 1955, Parker and Memphis radio personality Bob Neal began promoting the young up-and-coming singer Elvis Presley. While Neal was originally the singer's official manager, Parker was the one most involved in running Presley's career. Soon, he secured Presley a record deal with RCA Victor. Following this, Neal chose not to renew his management con...
Upon his return from the Army, Presley appeared on Frank Sinatra'stelevision show. He subsequently performed at three charity events, and then suspended his live performing until 1968. During this time, Parker secured him long-term deals with film studios. Presley went on to star in 27 films during the decade, including "G.I. Blues," "Wild in the C...
After Presley passed away, Parker established a licensing deal with Factors Etc. to control the singer's merchandise. He also worked to maintain Presley's estate, which was estimated to have cost around $500,000 a year in upkeep. In the early 80s, an investigation was launched into Parker's management of Presley. Attorney Blanchard E. Tual conclude...
While working in the circus in 1935, Parker wed Marie Francis Mott. The pair worked together at carnivals early on before Parker's career in management took off. In the 60s, Mott started showing signs of dementia, causing Parker to distance himself from her and find refuge in gambling. Mott passed away in late 1986 at the age of 78. Later, in 1990,...
- Celebrity Net Worth
Feb 3, 2023 · The Washington Post also reminds us that this cost Presley — whose estate was worth just $7 million when he died — a great deal of money. If Parker hadn't been so paranoid about Presley being outside of his direct control, The King would have earned a lot more money.
- Jeff Somers
While Colonel Tom Parker’s net worth has been the subject of much speculation over the years, it is believed that at the time of his death in 1997, he was worth an estimated $100 million. However, Parker’s true wealth may have been much higher, as he was known for his secretive and often shady business dealings.
Aug 26, 2023 · But shockingly, when Parker passed away in 1997, his net worth was estimated to be less than $1 million. For someone who had earned over $100 million guiding Elvis to stardom, how did Parker lose it all?
