That's $35 million (28m) today and considerably less than what they were actually worth. Although Parker infrequently saw Presley over the ensuing years, he remained his manager until Presley's passing in 1977. Presley had been living with Priscilla Beaulieu, ten years his junior, for the past four years, but it had not been public knowledge. [37] For the first few years Presley's films were somewhat successful, his albums topped the charts, and any singles that were released were mostly hits. The 30th Anniversary of the death of Elvis' father, Vernon Presley. [18] A one-year management contract with Presley provided Moore with a 10-percent commission, which Moore said he never took. He suggested to Parker that, as Presley had recorded and was still performing the song "I'll Remember You" written by Kui Lee, the donations could go to the Kui Lee Cancer Fund that had been set up following the death of the songwriter in 1966. [53] Presley was beginning to consider new management, with Concerts West co-founder Tom Hulett being the clear favorite for the job. The claim of Parker's Dutch heritage was publicly confirmed when Parker unsuccessfully tried to avert a lawsuit brought against him in 1982 by asserting in open court that he was a Dutch citizen. [53] First Artists, not used to such huge demands, didn't put forward a counter-offer and decided instead to offer the role, along with the original salary offer, to Kris Kristofferson, who accepted. "Every entertainer should go to bed at night and pray he . [26] By the summer Presley had become one of the most famous new faces of the year, causing excitement among the new teenage audience and outrage among some older audiences and religious groups. He was best known for being the manager of Elvis Presley. You're going to be a star.'"[71]. There were no witnesses and almost no evidence, except that the killer spread pepper on and around the body before fleeing in hopes that police dogs would not pick up the scent. [4] A year later at 18, with enough money to sustain him for a short period, he entered America illegally by jumping ship from his employer's vessel. This was, with hindsight, a mistake on his part; if he had negotiated each deal separately based on the profits of the previous film, he could have received more money. He died on Aug. 16, 1977, of a heart attack. A few years after that, he illegally entered the United States by jumping ship from the boat of his employer. [60] Part of this role resulted in Parker keeping the same fourth-floor suite he occupied when Presley was alive. Mourners recall being surprised at his wearing a Hawaiian shirt and baseball cap, smoking his trademark cigar, and purposely avoiding the casket. [4], In 1935, Parker married 27-year-old Marie Francis Mott. What Tom Hanks Thinks Of His Tom Parker Role . Parker encouraged Presley to make film musicals which became the focus of his career during his commercial decline in the 1960s until his 1968 comeback and return to touring. Later, Davis says "He remembered me, and he said 'I told you you were going to be a star.' She said she was at home with him when he had his stroke. Parker's main role during these tours was to plan the logistics and make sure tickets were sold. In the 1950s, he helped Elvis Presley become a big star. In 1977, Elvis died of a heart attack at only 42. [33] He had arranged for Presley to record five singles before his induction,[35] guaranteeing RCA Victor enough material to release over a two-year period. Additionally, Tual determined that Parker's handling of Presley's business affairs was unethical. Mott passed away in late 1986 at the age of 78. He said 'Well then there ain't no doubt about it. [41] Frank Sinatra had married Mia Farrow in 1966, and it had produced enough publicity for Parker to sit up and take notice. "[70], Songwriter Mac Davis recounted a similar experience where Parker rubbed his head and declared "You're going to be a star. [citation needed], When Presley died on August 16, 1977, one day before he was due to go out on tour, some accounts suggest Parker acted as if nothing had happened. [4] He also noted that Parker's handling of Presley's business affairs during his lifetime, including the decision to sell off past royalties to RCA for $5.4 million in 1973, was unethical and poorly handled. [60] However, he did occasionally bother them by criticizing some decisions. [55] According to Presley's friend, Larry Geller, Parker secretly wanted the book to be published, hoping that it would help Presley realize the severity of his situation and persuade him to do something about it. Part biography, part murder mystery and perhaps the most thoroughly researched . He influenced Presley's personal life, including Presley's decisions to accept military service in 1958 and to marry Priscilla Beaulieu in 1967. At the time of his death in 1997, he was worth $1 million. Colonel Tom Parker Net Worth : $1 Million. He would call his flamboyant manager, Col. Tom Parker, and ask Parker to book another tour (Presley's average concert gross in the mid-'70s was $130,000 a night) or schedule another recording . [4][5] Tual, once appointed as Lisa Marie's guardian ad litem, chose to investigate the entire period of Parker's management of Presley; his preliminary finding was that Parker's management deal of 50% was extortionate compared to the industry average of 1520%. [53] Parker, who had always dealt with Presley's film contracts and viewed the offer as a starting bid to earning more money, instead asked for a salary $1 million ($5,035,869 in 2021 dollars[11]), 50% of the profits, plus another $100,000 ($503,587 in 2021 dollars[11]) for expenses, and spoke of needing to arrange details of a soundtrack deal. [4], On August 14, 1981, Judge Evans ordered Elvis Presley Enterprises to sue Parker for mismanagement. In later years, Parker's influence waned, but he continued in his management role until Presley's death in 1977. [1][4], At age 15, Van Kuijk moved to Rotterdam, gaining employment on boats in the port town. In May 1973, in an attempt to deal with Presley's growing dependence on prescription drugs, Presley's father, Vernon, and Parker attempted to cut off his supply. In 1958, Presley received his draft notice from the US Army. Upon his return from the Army, Presley appeared on Frank Sinatra's television show. To hide that he was an illegal immigrant, he adopted the name Tom Parker, which was the name of the officer who interviewed him. It was also reported that he had up to $ 30 million in gambling debts several times in his life. No, he didn't. That's the kicker. [52] After nearly two weeks of trading insults back and forth, Parker and Presley decided to continue to work together. Parker was still worried that Presley would return to nothing, that the public would have found a new star to fawn over by then, and that his golden goose would be reduced to nothing more than a "has-been".[35]. Colonel Tom Parker acted as Presley's promoter and, then manager and promoter, for most of his career. Parker was also afraid that any attempt to block Presley from being drafted would result in a more detailed look into his own service record. So Where'd All The Money Go??? 3. ", "Photos: Elvis Presley and Colonel Tom Parker", https://www.elvis.com.au/presley/a-new-light-on-colonel-tom-parker.shtml, "A Larger-Than-Life Look at a Larger-Than-Life Star", "Meet the Fifth (Jewish) Beatle Manager Brian Epstein", "The All American Boy: Enter Elvis and the rock-a-billies", Tom Parker collection and interviews with co workers, ED Bonja Interview Elvis Photographer - the Elvis Information Network exclusive. At the time of Elvis' death, he was worth just $5 million, a relatively-modest amount considering his enormous level of success and fame. [51], After the Aloha special, Parker made a deal that would later be used in court to prove that he had not acted in the best interests of Presley. Despite the shady financial dealings Parker maintained with Presley, his net worth when he died was much less than that of Elvis, who died with a net worth of $5 million - around $20 million when adjusted for inflation. Frank Sinatra, who had declared Presley a rock and roll disgrace in the 1950s, was keen to have him appear on his show. In 1956, Presley was launched to superstardom with the release of his first single for RCA Victor, "Heartbreak Hotel." [15], Parker and Neal worked together to promote Presley, using their own Hank Snow Tour to book him and tour him. Allegedly $1 Million, more or less. [33] Presley had wanted to join Special Services, allowing him the opportunity to perform while at the same time getting an easier ride than other soldiers. He feels exploited and fires Parker on the stage during his Las Vegas show. Colonel Tom Parker, Elvis's manager from 1955 to his death in 1977, earned an estimated $50 million from the singer's estate. Colonel Tom Parkerthe title was awarded to him by Louisiana Governor Jimmie Davis in 1948 for political services renderedclaimed until 1982 to have been born in West Virginia. In January 1958 Presley received his draft notice from the United States Army. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. [5] During a second, more detailed investigation, Tual discovered that all earnings were paid directly to the Trust instead of Parker. He's a very smart man. The 100th birthday of Colonel Parker. [55] The book was published one year later on July 12, 1977, one month before Presley's death. In 1968, Presley achieved renewed fame when he starred in the NBC television special "Elvis." This deed on the part of Vernon and Gladys Presley marked a permanent separation of Elvis from his mother, and as Elvis was a classic "mama's boy". Lisa Marie inherited Elvis' whole estate on her 25th birthday on February 1, 1993. It took a probate court to remove Parker and his 50% fee from future dealings. The two had become almost strangers, and false reports in the media suggested that Presley's contract was up for sale. [16] He arranged live appearances and became something of a father figure to the then-15-year-old Sands. [65] However, there is no definite proof that anything other than romance led to their marriage. [72] Priscilla Presley attended the funeral to represent the Elvis Presley Estate and gave a eulogy that, to many in the room, summed up Parker: "Elvis and the Colonel made history together, and the world is richer, better and far more interesting because of their collaboration. 2023 Celebrity Net Worth / All Rights Reserved. [50] They hired private detectives to find out where the drugs were coming from and were successful in stopping any more from reaching Presley. Parker, who was born in the Netherlands, entered the United States illegally when he was 20 years old. Colonel Tom Parker died on January 21, 1997 at the age of 87. During this time, Parker also served as a field agent for the Hillsborough County Humane Society, helping to raise funds and awareness for its work. 21 Jan 1997 (aged 87) Las Vegas, Clark County, Nevada, USA. We welcome all corrections and feedback using the button below. Presley had a singing style different from the current trend, and Parker was immediately interested in the future of this musical style. [37] He envisioned him as an entertainment machine, pumping out three films and soundtracks a year, until the end of the decade. "That didn't come out in this country until 1981." [31] Parker made sure that the contract allowed Presley the freedom to make at least one film a year with another studio, and also managed to set up an office, with staff, at Paramount. What was Colonel Tom Parker worth when he died? [15], Parker immediately went to work to find a new label for Presley. No, Elvis didn't fire the Colonel from the stage at Las Vegas in real life. [15] Parker and Snow eventually formed Hank Snow Enterprises and Jamboree Attractions, a successful promotional outfit for up-and-coming country singers. However, he also continued to blow his fortune on his gambling addiction and he died heavily in debt. While the film shows Elvis firing his manager during a show after realising he's being deceived by the Colonel, this is not what happened in real life. Instead, he found employment as a field agent with a local animal shelter, the Hillsborough County Humane Society. Elvis Presley with manager Colonel Tom Parker as he is discharged from the Army in 1960. . He adopted a new name and claimed to have been born in the United States. He also lost a big chunk of Elvis's own money. Colonel Tom Parker passed away on January 21, 1997 at 87 years old.Colonel Tom Parker Net Worth. Blues," "Wild in the Country," "Blue Hawaii," "Viva Las Vegas," "Paradise, Hawaiian Style," "Clambake," and "Change of Habit." [60] In 1993, interest in Presley's enduring legend, interest that is sometimes notable for its obsessiveness, provoked Parker to remark: "I don't think I exploited Elvis as much as he's being exploited today. No, Luhrmann has really framed this through a present-day lens. I wanted to punch him in the face. [23] Later, when Hank Snow asked Parker about the status of their contract with Presley, Parker told him: "You don't have any contract with Elvis Presley. [41], To make up for lack of earnings, Parker arranged for Presley's gold Cadillac to go on tour. Net Worth: $1 Million; Date of Birth: Jun 26, 1909 - Jan 21, 1997 (87 years old) What is Colonel Tom Parker worth? What was Colonel Tom Parker worth when he died? Loanne Parker, wife of Colonel Tom Parker, passed away earlier this week.Loanne had a strong connection to Las Vegas, Nevada - even though she was from southern Ohio - and she had an even stronger connection to Elvis. He wasn't a colonel and he wasn't even born in America. Much of the money went to Col. Tom Parker, the King's enigmatic, cigar . [1], Parker was born as Andreas Cornelis van Kuijk on June 26, 1909, in Breda, North Brabant, Netherlands,[4] and was the seventh of eleven children. [41] The Cadillac tour proved to be somewhat more successful than the film itself. Parker appeared at posthumous events honoring Presley, such as the 1993 issuing of a U.S. postage stamp with Presley's likeness. [67] It is also recorded that Marie did not divorce her second husband until 1936, and her brother, Bitsy, recalled no ceremony of marriage between Parker and Marie. [4], Parker had worked as a "consultant" for Hilton Hotels since Presley's death,[60] with some believing he was working to pay off debts owed to the casino from his gambling during Presley's performances there. Phillips told them to make a separate deal with Elvis. [33] If Presley could show the world that he the same as any other young man, Parker told him, then more people would accept him and his music. Even Tom Hanks thought he was an odd choice to play Elvis Presley's manager Colonel Tom Parker in . Stories appeared in the press regularly about Presley, including that he would do a live CCTV broadcast when he returned and that he had signed a deal for a series of annual television spectaculars to be broadcast across the country. In early 1997, he passed away from a stroke in Las Vegas at the age of 87. [16] He suggested to Sholes that Sands could record material similar to Presley's style. In 1953 Parker bought a house in Madison, Tennessee, where Presley would visit and stay while recording. [12] Despite having sold over 86 million records since 1924 and earning over $17 million, Austin's career was at a low point. [4][5] Parker's final years were spent living in Las Vegas, in increasingly poor health before his death in 1997. [49] Seeing the chance to publicize Presley's charitable nature once again, Parker eagerly agreed. 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. According to Alanna Nash, who wrote The Colonel: The Extraordinary Story of Colonel Tom Parker and Elvis Presley . He left the estate to his father, Vernon Presley, and Lisa Marie. [14] In 1945, Parker became Arnold's full-time manager, signing a contract for 25% of his earnings. [52], In February 1975, during his engagement in Las Vegas, Presley, along with Parker, met with Barbra Streisand and Jon Peters. While working in the circus in 1935, Parker wed Marie Francis Mott. [53] According to Parker himself, he did privately attempt to talk to his client a number of times about the matter, but allegedly every time Parker casually told Presley to quit or at least tone it down with the pill popping and binge eating, Presley would respond by telling Parker to stay out of his personal business. [55] Worried about the impact such details might have on his career, Presley, through his father, asked Parker to stop the publication. [60], The disputes with the Presley estate did not terminate Parker's association with Presley. [5] However, Judge Joseph Evans, aware that Lisa Marie Presley was still a minor, appointed attorney Blanchard E. Tual to investigate Parker's management. LOANNE PARKER Loanne Miller Parker, long-time resident of Las Vegas and widow of Elvis Presley manager Colonel Tom Parker, Dies at 84. Later, in 1983, Parker admitted during an interview that after 1966, the income from Presley films and soundtracks was dramatically reduced. He died of complications from the stroke[72] the following morning at a hospital in Las Vegas, Nevada, at age 87. Colonel Tom Parker died at the age of 87 years. [16] Soon after, Sands' song "Teen-Age Crush" reached number 2 on the pop charts, eventually selling 800,000 copies. Last edited on 26 February 2023, at 02:32, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Tom Parker Is Dead at 87; Controlled Presley's Career", "Colonel Parker Managed Elvis' Career, but Was He a Killer on the Lam? Tom Parker was born on 26 June 1909 in Breda, Noord-Brabant, Netherlands. [52] Parker was furious, and he stormed into Presley's dressing room after the show to confront him. By 1984, with his gambling debts reportedly rising again, he was evicted. Asked by a journalist what he would do now, Parker responded: "Why, I'll just go right on managing him! Their instincts were proven right; the TV special proved an enormous hit, and the album that was released featuring performances from the special became a best-seller, but the comeback special was interrupted when Robert F. Kennedy was assassinated on June 5, 1968. [40] These deals were sometimes so harsh on the studios that it led producer Hal Wallis to state: "I'd rather try and close a deal with the Devil. The premises had been ransacked in search of money. And the value of his estate at the time of his death in 1997? Parker enlisted in the US Army shortly after his return to America. [43], It took the energetic 1968 television special Elvis, which the Singer Company sponsored, and a subsequent series of acclaimed recording sessions in Memphis, Tennessee, that included songs such as "Suspicious Minds" and "In the Ghetto", to restore Presley's musical reputation. [4] Fans and biographers alike believe that one of the main reasons Parker signed Presley to a Vegas hotel in 1969 for his live comeback was to help cover losses he experienced in their casino. [58], Following Presley's death, Parker set up a licensing operation with Factors Etc. At that point, Moore and Black had no contractual ties to either Phillips or Presley. The show, titled "Welcome Home, Elvis", was Presley's first national television appearance since The Ed Sullivan Show in January 1957. [26] Parker, with his 25% share of profits, found ways to make money from his artist that other managers before him had never thought of. 26 Jun 1909. By his final public appearances in 1994, Parker was suffering from a number of health problems such as gout and diabetes. [67] As Parker's management career began to take off, Marie became more of a housewife, although she would occasionally travel with him to various parts of the country. Thomas Andrew Parker (born Andreas Cornelis van Kuijk; June 26, 1909 January 21, 1997),[1] commonly known as Colonel Parker, was a Dutch musical entrepreneur, best known for being Elvis Presley's manager. [15] As Presley was still a minor, his parents had to sign the contract with Parker on his behalf. Parker appeared to be in complete control during Presley's time away, but he was worried about the outside influence that . [50] As well as being their employer and paying their wages, he was also their main source of access to drugs for themselves. This proved very lucrative, especially when the single for Presley's first film, Love Me Tender, sold over one million copies in advance sales. [44], During a closing night performance on September 3, 1973, following news that a Hilton staff member whom Presley was fond of had been fired, Presley attacked Hilton Hotels chairman Barron Hilton in a verbal rage on stage. [36] If Parker had had any doubts about his return, they were soon gone when he witnessed the turnout along the route. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. [60] On the surface, however, relations between the two were as good as ever, with Parker helping the Hilton to commemorate the tenth anniversary of Presley's death. [48], Aloha from Hawaii proved to be the last great moment in Presley's career. The King of Rock 'n' Roll's only daughter inherited his iconic Graceland estate and was once married to Michael Jackson and Nicolas Cage - but now she's reportedly US$16 million in debt Then she was hired on as Elvis' tour secretary and traveled . [15] Presley had been at Sun Records since the beginning of his career, but Sam Phillips, the owner of Presley's current label, was aware that to have any kind of a successful future Presley would need the backing of a much larger label.
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