Michael Lockwood is a guitarist, producer, and songwriter who has worked with some of the biggest names in music. He is best known for his work with Lisa Marie Presley, whom he married in 2006 and divorced in 2021. But how much is Michael Lockwood net worth in 2023? And what are the sources of his income?
Michael Lockwood’s Career and Achievements
Michael Lockwood was born on May 22, 1961, in Hawthorne, California. He became involved with music from a young age and graduated from Highland High School in Bakersfield, California, in 1979. He formed his first band, Lions and Ghosts, in the 1980s and released two albums with them before they broke up.
Lockwood then pursued a career as a session musician and producer, working with artists such as Carly Simon, Aimee Mann, Fiona Apple, Ben Folds, and Alana Davis. He also released two solo albums, Common Thread in 1999 and The Lemon Tree in 2006.
Lockwood met Lisa Marie Presley, the daughter of Elvis and Priscilla Presley, in 2003 and became her musical director and guitarist. They married in 2006 in Kyoto, Japan, and had twin daughters, Harper and Finley, in 2008. Lockwood also co-produced Presley’s albums Storm and Grace in 2012 and Now What in 2014.
Michael Lockwood’s Divorce and Legal Battles
Lockwood and Presley separated in 2016 and filed for divorce, citing irreconcilable differences. The divorce was finalized in 2021 after a bitter and lengthy legal battle that involved allegations of child abuse, financial mismanagement, and spousal support.
Presley accused Lockwood of having inappropriate images and videos of children on his computer and claimed that he had spent millions of dollars of her money without her knowledge. She also opposed his request for $40,000 per month in spousal support, saying that she was broke and in debt.
Lockwood denied the allegations and said that Presley was trying to damage his reputation and ruin his relationship with his daughters. He also claimed that he had given up his career to work with Presley and that he deserved spousal support as per their post-nuptial agreement.
The court ruled that Presley did not have to pay spousal support to Lockwood, but that she had to pay his legal fees of $140,000. The court also granted joint custody of their daughters, with Presley having primary physical custody.
Michael Lockwood Net Worth in 2023
According to various online sources, Michael Lockwood net worth in 2023 is estimated to be around $5 million. This is based on his earnings from his career as a musician and producer, as well as his assets and investments.
However, Lockwood’s net worth may change depending on the outcome of his ongoing lawsuits against Presley. He is suing her for defamation, emotional distress, and invasion of privacy, seeking $5 million in damages. He is also appealing the court’s decision to deny him spousal support.
Lockwood’s net worth is also significantly lower than Presley’s, who inherited a fortune from her father’s estate. Presley’s net worth in 2023 is estimated to be around $16 million, after paying off her debts and taxes.
Conclusion
Michael Lockwood is a talented and accomplished musician and producer who has worked with some of the most famous artists in the industry. He is also known for being the ex-husband of Lisa Marie Presley, with whom he had a tumultuous marriage and divorce. Michael Lockwood net worth in 2023 is estimated to be around $5 million, but it may change depending on his legal battles with Presley.