[53] Seeing it as a chance to finally be taken seriously as an actor, Presley agreed to take the role if the contracts could be worked out. Answer (1 of 2): In addition to what is noted in the other answer, he had legal disputes with the Presley estate but ultimately continued to earn money from Elvis's legacy. . Parker made his last public appearances in 1994. He said 'Well then there ain't no doubt about it. [49] Sherman had read in news accounts that there was to be no charge for admittance to the concerts, a donation to charity being required instead. He realized that by keeping RCA Victor, and more importantly the public, hungry for more Presley material, he would be able to negotiate a better contract when Presley returned from active service. [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. Upon his return from the Army, Presley appeared on Frank Sinatra's television show. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Colonel Tom Parker was a Dutch-American talent manager and music businessman. [53] Several members of Presley's band later stated that Parker had no idea just how bad the situation was getting. In 1969, she was an employee of the International Hotel when Elvis made his record-breaking performances there. [46] Parker had also decided that it was time for Presley to return to New York, and had arranged for him to perform at Madison Square Garden in June. [12] Parker, with the task of promoting Austin, found the career transition smooth, using much of his "carny" experience to sell tickets and attract the crowds. [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. Part biography, part murder mystery and perhaps the most thoroughly researched . [33] He also realized that it would be a great opportunity to promote Presley by having the media witness his induction day, including the Army haircut that would see the most famous hair style in the world destroyed.[33]. [39] When Presley complained to him that he wanted better scripts, Parker reminded him of his lavish lifestyle and that risking $1 million a year for doing practically no work was dangerous. Tom Hanks describes the larger-than-life character he portrays in the new Baz Luhrmann film, "Elvis," which opens in theaters next Friday. Presley's star continued to rise as Parker signed a merchandising deal with Hank Saperstein to fully commoditize the young singer. Tom Parker was born on 26 June 1909 in Breda, Noord-Brabant, Netherlands. [4] Although Parker had served honorably for a time, he went AWOL this time and was charged with desertion. What was Colonel Tom Parker's net worth when he died? At the time, many people predicted that he would have a long and lucrative career . I quit! Parker was looking ahead when he persuaded Presley to sign up as a Soldier. Potomac, was going to be salvaged. [15] The rank was honorary, since Louisiana had no organized militia, but Parker used the title throughout his life, becoming known simply as "the Colonel" to many acquaintances. [37] He envisioned him as an entertainment machine, pumping out three films and soundtracks a year, until the end of the decade. He was subsequently in "Loving You," "Jailhouse Rock," and "King Creole." He also influenced his decisions to join the military and marry Priscilla, among other . During the interview, Parker said that he was not aware that another one of his sisters, Adriana van Kuijk, had died in the Netherlands a few years before. Nearly as legendary as his famous client was Colonel Tom Parker, Elvis Presley's manager. [56] Shortly afterward, he traveled to Memphis for Presley's funeral. [15] Although Neal remained Presley's official manager, Parker was becoming increasingly involved in the running of his career, and by the summer of 1955 he had become Presley's "special advisor". [72], His funeral was held at the Hilton Hotel and was attended by a handful of friends and former associates, including Eddy Arnold and Sam Phillips. [36] If Parker had had any doubts about his return, they were soon gone when he witnessed the turnout along the route. He also worked to maintain Presley's estate, which was estimated to have cost around $500,000 a year in upkeep. "There would have been no Elvis without Colonel Tom Parker; there would have been no Colonel Tom Parker without Elvis. Returning to music, he began managing such singers as Eddy Arnold and Tommy Sands. 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. He left the estate to his father, Vernon Presley, and Lisa Marie. However, after his re-enlistment, he went AWOL and was charged with desertion. After Parker's death in 1997, the home was used as a law . By 1984, with his gambling debts reportedly rising again, he was evicted. [53], From 1974 onward, Presley's weight gain and prescription drug abuse became too much to be controlled. The 100th birthday of Colonel Parker. [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. His origins were steeped in mystery. During the 1960s, after many years of ill health, Marie began to display signs of dementia. To hide that he was an illegal immigrant, he adopted the name Tom Parker, which was the name of the officer who interviewed him. The next morning he died from complications of the stroke at a hospital in Las Vegas, Nevada, at age 87. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. [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. [4] He would often spend 1214 hours at a time gambling in the casinos, betting large sums. [65] Unbeknown to Parker at the time, she had a second son from her first marriage, but had given him up for adoption at birth due to his disability (a club foot). [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. Net Worth: $1 Million; Date of Birth: Jun 26, 1909 - Jan 21, 1997 (87 years old) What is Colonel Tom Parker worth? [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. [35] All of these stories were fabrications, but it kept his name in view of the public. [53] Parker later claimed that Presley had asked him to make the contract so demanding so that they would not offer him the part, although many of Presley's friends have contradicted Parker's statement because they had said Presley was furious at losing the role.[53]. when Elvis died, he was only worth $5 . A large part of Tom's net worth he made from his Salary as a Colonel. [18] A one-year management contract with Presley provided Moore with a 10-percent commission, which Moore said he never took. On January 20, 1997, Parker's wife heard a crashing sound from the living room, and when she heard no response to her calls, she went in to find him slumped over in his chair after suffering a stroke. [55] Worried about the impact such details might have on his career, Presley, through his father, asked Parker to stop the publication. [29], Despite this setback, Presley was still going from strength to strength. [13] Instead, Parker decided to stay in Temple Terrace, Florida, with his family, perhaps to avoid having to submit paperwork that could expose his illegal status. [citation needed] After a cold reception during his first few shows,[30] Parker cut Presley's appearance to two weeks. He . Inc.[4] However, because Parker was still entitled to 50% of all Presley's income, and after taxes were taken off, the overall amount going towards the upkeep of the estate was less than $1 million a year.[4]. Tom Parker. [50] Presley's main doctor, George C. Nichopoulos, would often replace Presley's medication with placebos in an attempt to wean him off the drugs. [44] At the time, Presley's back catalog was not considered very important and RCA initially calculated it at being worth much less, but in later years it would become one of the most valuable record catalogs in the music business. Parker then returned to the Netherlands before going back to the US when he was 19, again illegally. "Every entertainer should go to bed at night and pray he . [21] In return for a larger financial stake in the deal, Neal agreed not to renew his management contract with Presley after it expired in March 1956,[22] allowing Parker the opportunity to claim the job for himself. He was previously married to Loanne Miller and Marie Frances Mott. He was punished with solitary confinement, from which he emerged with a psychosis that led to him spending two months in a mental hospital,[4] and he was discharged from the Army because of his mental condition. In November, Parker and Snow persuaded RCA to buy Presley out from Sun for $40,000, and on November 21, Presley's contract was officially transferred from Sun Records to RCA Victor. Colonel Tom Parker's House. [55] Although Parker publicly denied these claims, he had been in talks with Peter Grant, the manager of Led Zeppelin, about the possibility of him overseeing a European tour for Presley. In the 1950s, he helped Elvis Presley become a big star. He died of complications from the stroke[72] the following morning at a hospital in Las Vegas, Nevada, at age 87. [41] With Priscilla's father dropping heavy hints, and fear that their relationship might become public beforehand, Parker persuaded Presley that he should make an "honest woman" of her in the very near future. Elvis had just as many white influences and announced as early as seventh grade that he was going to sing at the Grand Ole Opry . This is because Elvis' manager, Colonel Tom Parker, had previously arranged a deal to sell those to RCA for $5.4 million, out of which only $1.35 million went to Elvis after Parker's 50% fee and income taxes. [50] As well as being their employer and paying their wages, he was also their main source of access to drugs for themselves. [53] Hulett's company had managed tours for Presley, and he had worked with artists such as Led Zeppelin. In the early 80s, an investigation was launched into Parker's management of Presley. At the time of his death in 1997, he was worth $1 million. [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. In reality, Nash told USA Today that Presley would "never do that." Presley apparently never knew that Parker wasn't . Tom Hanks took on the role of the so-called villain. Colonel Parker died of a stroke on January 22, 1997, aged 87. . [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. [citation needed], After the success of Presley's return to live performing in Las Vegas, Parker decided it was time to take him back out on tour for the first time in 13 years. [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. Colonel Tom Parker was a music entrepreneur, well-known for being Elvis' manager. The contract, dated July 12, 1954, eight days after their first recording session, was signed by Presley and his parents. 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. [62], One of Parker's brothers, Adam "Ad" van Kuijk, visited Parker once in Los Angeles in April 1961. [4], "Colonel Tom Parker rubbed my head in Vegas", Eddie Murphy stated in 1989. 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. [48] The press were told that an audience of one billion was expected to tune in to see the "first entertainment special to be broadcast live around the world",[48] although Parker had not taken into account the fact that many countries, including parts of Europe and America, would not see the concert live due to the time of the broadcast. [44] He offered RCA Records the opportunity to buy Presley's entire back catalog for $5.4 million. Their's was probably the most unique artist-manager relationship ever in show business, clearly one of the most successful. In 1968, Presley achieved renewed fame when he starred in the NBC television special "Elvis." [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. [45], By 1972, Parker had managed to increase Presley's weekly wage in Las Vegas to $150,000 ($971,718 in 2021 dollars[11]), and secured $50,000 a year ($323,906 in 2021 dollars[11]) for himself as a "consultant to the hotel chain". In the 1950s, he helped Elvis Presley become a big star. 21 Jan 1997 (aged 87) Las Vegas, Clark County, Nevada, USA. By 1980, the cost of running the estate was estimated to be as much as $500,000 a year. The pair worked together at carnivals early on before Parker's career in management took off. The 32nd Anniversary of Elvis' final concert in Indianapolis. Parker served two years in the 64th Coast Artillery (United States), at Fort Shafter, in Hawaii, and shortly afterwards re-enlisted at Fort Barrancas, Florida. 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. [16] In the drama, the role of Sands was portrayed as a "twisted psychopath". Colonel Tom Parker made more than $100 million in his lifetime, but when he died, he was reportedly worth less than $1 million. He died on Aug. 16, 1977, of a heart attack. Parker then managed a series of highly successful tours for Presley. Following his discharge, Parker worked at a number of jobs, including food concessions and gaming carnivals. [16] Soon after, Sands' song "Teen-Age Crush" reached number 2 on the pop charts, eventually selling 800,000 copies. Even Tom Hanks thought he was an odd choice to play Elvis Presley's manager Colonel Tom Parker in . Parker decided that Las Vegas was the perfect place to do it,[41] and on May 1, 1967, the couple were married in a ceremony that lasted only eight minutes and had a handful of guests. [18] Neal was struggling at the time to accommodate his new client's success, and in February 1955, following a meeting with Parker, Presley agreed to let Parker take some control of future bookings and promotions. That number is down significantly from an estimated $100 million . [15] Both Mercury Records and Columbia Records showed interest, although their initial offers were nowhere near the $40,000 requirement. After a lifetime of earning well over $100 million managing Elvis, The Colonel's estate was barely worth $1 million upon his death. [4] After a lifetime that saw him earn in excess of $100 million, Parker's estate was worth barely $1 million when he died. Elvis Presley was only 42 years old when he died on August 16, 1977 (via History). [16] NBC had originally wanted Presley for the role, but Parker had turned them down. Nash said of Elvis' late manager: "The Colonel is a complicated character, and while he always took too much of Presley's money, he made some very sound decisions for him. [41], To make up for lack of earnings, Parker arranged for Presley's gold Cadillac to go on tour. But as time went on, as the Beatles began their dominance of the music charts and the worldwide phenomenon known as Beatlemania began, Presley became less significant. According to Alanna Nash, who wrote The Colonel: The Extraordinary Story of Colonel Tom Parker and Elvis Presley . In 1963, Colonel Tom Parker, Elvis Presley's audacious manager who had gotten his start selling candy apples in carnivals, read in the paper that Franklin Delano Roosevelt's presidential yacht, the U.S.S. During the week-long visit, Parker was informed by Adam van Kuijk that their mother had died three years earlier in 1958, never knowing what happened to her son after he left the Netherlands for good in 1929. "[40], Presley had to do no more than provide RCA Victor with three albums a year,[37] and his film soundtracks did that for him. In 1953 Parker bought a house in Madison, Tennessee, where Presley would visit and stay while recording. [65] However, there is no definite proof that anything other than romance led to their marriage. [12] Despite having sold over 86 million records since 1924 and earning over $17 million, Austin's career was at a low point. [68] Parker began to distance himself emotionally from her, heartbroken by her slow mental deterioration from the woman he once knew. He's a very smart man. [44] The tours were so popular and financially successful that they determined Presley's workload for the remainder of his life and career. And there certainly would've been no Elvis without Colonel Tom Parker.' And when he said that, I said, 'Oh . Having previously sold the rights to Presley's early recordings to RCA Records, he struggled to secure a steady income, and his financial situation worsened after he sustained significant gambling losses. Colonel Tom Parker acted as Presley's promoter and, then manager and promoter, for most of his career. Allegedly $1 Million, more or less. [15], Parker and Neal worked together to promote Presley, using their own Hank Snow Tour to book him and tour him. [4][5] Parker's final years were spent living in Las Vegas, in increasingly poor health before his death in 1997. Luhrmann hasn't really . A suit between Parker and the Presley estate was settled out of court in 1983. With Presley serving in West Germany, Parker did everything he could to keep the singer's name on everyone's lips, as he worried that Presley would fade in the public eye. Presley went on to star in 27 films during the decade, including "G.I. [52] Parker was furious, and he stormed into Presley's dressing room after the show to confront him. He arranged for a screen test with Paramount Pictures, and after impressing them with Presley's acting ability, Presley was signed to a seven-picture contract. Later, in 1990, Parker married his longtime secretary Loanne Miller. [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%. Parker, 33, died in March, surrounded by his family and bandmates, 17 months after he was diagnosed with an inoperable brain tumour. "[52], Parker accepted that their working relationship was over, Parker telling them over the phone that Dr. Nick's services are no longer required, and demanded that Presley pay him $2 million to end their contract; money Parker claimed he was owed. Net Worth: $1 Million; Date of Birth: Jun 26, 1909 - Jan 21, 1997 (87 years old) What happened to Tom Parker after Elvis died? He also lost a big chunk of Elvis's own money. He became Presley's manager in 1955 just as . He negotiated Presley's lucrative merchandising deals, TV appearances, and acting roles in films. Presley was never one to stand up against Parker, but he knew that this TV show was his one chance at a true comeback, and with Binder backing him, Presley told Parker he was doing it "Binder's way". However, he also continued to blow his fortune on his gambling addiction and he died heavily in debt. "[70], Songwriter Mac Davis recounted a similar experience where Parker rubbed his head and declared "You're going to be a star. After the special, Parker managed Presley's return to live performance, including a set of brief U.S. tours and many engagements in Las Vegas. It was producer Steve Binder who put forward the idea of Presley singing his old hits and even the staged section with his old band, Scotty Moore and D. J. Fontana, the latter inspired by a post-rehearsal informal jam in Presley's dressing room.

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