Little, Brown. Colonel Tom Parker Net Worth (Producer) Meanwhile, his career began stagnating as the British Invasion took over the United States. LOANNE PARKER Obituary (1935 - 2020) - Las Vegas, NV - Legacy.com Parker then returned to the Netherlands before going back to the US when he was 19, again illegally. [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. [51] In her book, The Colonel, she writes: "in the days before the Betty Ford Clinic, the Colonel didn't know where to take him for discreet, effective help and loathed risking the loss of work if the truth got out". For the rest of his life, Parker managed the Presley estate. I wanted to punch him in the face. [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. Colonel Tom Parker acted as Presley's promoter and, then manager and promoter, for most of his career. The document that was signed on November 21 pertained to the record label transfer. With Parker's help, Presley signed a recording contract with RCA Victor, leading to his commercial breakthrough in 1956 with his sixth single "Heartbreak Hotel" and propelling him to become one of the most popular and commercially successful entertainers in the world. [65] Marie was one of six children,[65] had been married twice before, and had a son from her first marriage. [56] Other accounts suggest he slumped in his chair at his office, muttered, "Oh, dear God", and then quickly phoned Vernon Presley, where Parker advised Presley's father that his son's image needed to be protected. ELVIS PRESLEY's ex-wife Priscilla Presley vehemently defended The King's manager Colonel Tom Parker to Elvis movie's Tom Hanks, shutting down rumours he was 'an evil puppet master like Rasputin'. How did Lisa Marie Presley lose all the Elvis millions? Additionally, Tual determined that Parker's handling of Presley's business affairs was unethical. Colonel Parker died of a stroke on January 22, 1997, aged 87. . What was Colonel Tom Parker worth when he died? Parker was consequently sent to solitary confinement. At the time of Presley's death in 1977, it was suspected that Parker owed the Las Vegas Hilton over $30 million ($134,151,565 in 2021 dollars[11]) in gambling losses. Tom Hanks describes the larger-than-life character he portrays in the new Baz Luhrmann film, "Elvis," which opens in theaters next Friday. [50] They hired private detectives to find out where the drugs were coming from and were successful in stopping any more from reaching Presley. In 1953 Parker bought a house in Madison, Tennessee, where Presley would visit and stay while recording. Tom Parker was born on 26 June 1909 in Breda, Noord-Brabant, Netherlands. The Life Of Colonel Tom Parker: Elvis Presley's Manager In 1973, Colonel Parker sold the master tapes for 700 of Presley's songs to RCA for $5.4 million. After all the money he took from Elvis???? [50] This would be successful for a short time, but when Presley discovered the trick, he simply found himself other doctors. Observer review: The Colonel by Alanna Nash None of the rules of the relationship was operative any longer, yet neither had the courage to walk away, for a variety of reasons." However, after his re-enlistment, he went AWOL and was charged with desertion. Alanna Nash's biography of Parker, The Colonel, claims he may have been trying to avoid passport scrutiny because he might have been a suspect in a murder in Breda. He married his secretary in 1990 (she'd worked for him since 1972). How Much Did Elvis Presley Leave Lisa Marie Presley in His Will? Parker held another press conference on September 4, 1972, in Las Vegas to confirm that the concert, now titled Aloha from Hawaii, would be broadcast on January 14, 1973. In later years, Parker's influence waned, but he continued in his management role until Presley's death in 1977. In 1980, a judge ordered an investigation into Parker's management practices and found that Parker's management had been unethical. Mott passed away in late 1986 at the age of 78. Colonel Tom Parker - Wikipedia This proved very lucrative, especially when the single for Presley's first film, Love Me Tender, sold over one million copies in advance sales. [55] Worried about the impact such details might have on his career, Presley, through his father, asked Parker to stop the publication. In January 1979, it was discovered that Presley had lost out on royalties for songs on which he had been listed as an author or composer because Parker had unwisely advised him not to sign up to ASCAP or its younger competitor, BMI. How Elvis Presley Died Nearly Broke Then Became One Of The Richest Dead Celebrities Of All Time. [16] In the drama, the role of Sands was portrayed as a "twisted psychopath". [15], Parker and Neal worked together to promote Presley, using their own Hank Snow Tour to book him and tour him. [16] He arranged live appearances and became something of a father figure to the then-15-year-old Sands. [14], Through the fundraising, Parker headed to Tennessee to find acts to perform at his charity events,[14] among them stars such as Minnie Pearl and Eddy Arnold. Following this, Neal chose not to renew his management contract with Presley, leaving Parker as the singer's sole manager. "[24], With his first RCA Victor single, "Heartbreak Hotel", in 1956,[25] Presley became a recording star. On March 26, 1956, after Presley's management contract with Neal expired, Presley signed a contract with Parker that made him his exclusive representative. However, when Presley signed a recording contract with Phillips, Moore and Black were excluded. Colonel Tom Parker Net Worth - Classic Rock News [37] After that, until 1968, Presley gave no live performances, and had very little contact with his fans. [33] Parker had seen many acts come and go during his earlier years in management, and felt that it would be foolish to believe that Presley, despite being Parker's most successful act to date, would be any different. [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. 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. Colonel Tom Parker | Elvis Presley's Manager [33] Parker, on the other hand, was fully aware that any special treatment given to Presley would instantly be used against him in the media and by those who disliked his style of music. Tom Parker had a net worth of $8 million at the time of his death. Parker appeared to be in complete control during Presley's time away, but he was worried about the outside influence that Presley might encounter in West Germany. Was Colonel Tom Parker the Villain 'Elvis' Makes Him Out to Be? and he was hired as a hotel consultant for $50,000 per year (323,906 in 2021 dollars). When he came out, he suffered from a psychosis that led to a brief stay at a mental ward, causing him to be discharged from the Army. [citation needed] After a cold reception during his first few shows,[30] Parker cut Presley's appearance to two weeks. [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. 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". What was Colonel Tom Parker worth when he died? He is also said to have had gambling debts of up to $30 million at different times. The first major artist with whom he worked was popular crooner Gene Austin. . He completed basic training at Fort McPherson in Atlanta, Georgia.[4]. Former Colonel Tom Parker received 50% of Elvis Presley's - Quora [53] Several members of Presley's band later stated that Parker had no idea just how bad the situation was getting. [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. "He fully believed the colonel's story that Parker hailed from Huntington, West Virginia; Elvis died not knowing the truth," she says. In January 1958 Presley received his draft notice from the United States Army. How Colonel Tom Parker built his net worth. 'Life with you was never dull' More on The Wanted He also lost a large portion of Elvis' personal wealth. Colonel Tom Parker Net Worth : How much he made this year? "A couple times he set me up in the Elvis Presley suite on top of the Hilton, and I would go play Elvis for a week One night we were at the crap table together and he rubbed my head for luck. [57], Parker set out to protect his future income. [4] He would often spend 1214 hours at a time gambling in the casinos, betting large sums. Later, Davis says "He remembered me, and he said 'I told you you were going to be a star.' [4] Although Parker had served honorably for a time, he went AWOL this time and was charged with desertion. [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. So Where'd All The Money Go??? Into his late 80s, Colonel Tom Parker began to struggle with various illnesses including diabetes and gout. Colonel Tom Parker Net in death: Despite earning more than $ 100 million during his lifetime, at the time of his death Colonel Tom Parker was worth less than $ 1 million. He had booked Presley into a four-week Las Vegas engagement, misjudging the reaction of the slightly older, more reserved audiences that Las Vegas attracted. "A Diabolical Genius In Every Way" - Tom Hanks On Colonel Tom Parker Colonel Tom Parker was best known for being the manager of Elvis Presley. "[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. What was Colonel Tom Parker worth when he died? Elvis Presley was only 42 years old when he died on August 16, 1977 (via History). The pair worked together at carnivals early on before Parker's career in management took off. [69] In October 1990, Parker married Loanne Miller, his secretary since 1972. His films still made money and his albums still sold well, but the profits were falling. [53] Streisand's production company, First Artists, offered Presley a salary of $500,000 ($2,517,934 in 2021 dollars[11]) and 10% of the profits. [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. Parker's main role during these tours was to plan the logistics and make sure tickets were sold. Even Tom Hanks thought he was an odd choice to play Elvis Presley's manager Colonel Tom Parker in . Although Parker infrequently saw Presley over the ensuing years, he remained his manager until Presley's passing in 1977. Thomas Andrew Parker (born Andreas Cornelis van Kuijk; June 26, 1909 - January 21, 1997), commonly known as Colonel Parker, was a Dutch musical entrepreneur, best known for being Elvis Presley's manager.. Parker, who was born in the Netherlands, entered the United States illegally when he was 20 years old. [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. [14] The job not only offered him a secure wage, it also offered a rent-free apartment above the Humane Society in a remote part of West Tampa for him and his family. The Tom Hanks Tom Parker portrayal was a shocking one. At that time Parker believed Elvis to be black. Colonel Tom Parker's Lack of Money. Parker hoped that marriage would not only boost Presley's career but also possibly tame him. A symbiotic relationship," Hanks added. In 1980, a judge ordered an investigation into Parker's management practices, finding that Parker's management had been unethical. [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. [4] By this time, with the IRS demanding almost $15 million in taxes, the estate was facing bankruptcy. [4], In The Colonel, her 2003 biography of Parker, Alanna Nash wrote that Parker may have been a suspect or a person of interest in an unsolved murder case in Breda. [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. 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. 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 . With 1956 coming to a close, Parker had made Presley one of the most well-known, well-paid entertainers in the world. [53] They discussed the possibility of Presley's co-starring with Streisand in a remake of the film A Star Is Born. At the time of his death in 1997, he was worth $1 million. Colonel Tom Parker Net Worth 2023 Elvis: Colonel Tom Parker Really Was That Bad | Den of Geek Growing up, he worked as a carnival barker in his hometown. 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 ). The 30th Anniversary of the revelation to Elvis' estate that Colonel Parker was still fleecing his client. On January 20, 1997, Parker's wife heard a crashing sound from the living room, and found him slumped over in his chair after having a stroke. [46], On July 8, 1972, inspired by the visit of President Richard Nixon to China a few months earlier,[47] Parker announced that there would be a worldwide satellite broadcast from Hawaii to allow the whole world the chance to see a Presley concert, "since it is impossible for us to play in every major city". He left the estate to his father, Vernon Presley, and Lisa Marie. However, that was not the case since Elvis was still under contract to Bob Neal. He is known for Spinout (1966), Kissin' Cousins (1964) and Jailhouse Rock (1957). 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. [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. According to several people who knew Presley at the time, the talks with Hulett got so far along that it seemed almost inevitable the deal would be done. Presley went on to star in "Love Me Tender," which spawned his eponymous hit single. [14] Parker served in the peacetime army as a precondition for taking advantage of that stipulation, but he never subsequently applied to become a citizen. [8], In May 1929, Van Kuijk returned to the United States at age 19, finding work with carnivals due to his previous experience in the Netherlands. He said 'Well then there ain't no doubt about it. Who was Colonel Tom Parker? The story of Elvis Presley's - Gold Parker was able to receive more than half of the income from the enterprise, an unprecedented figure for a music manager. Additional Crew: Spinout. [12] He was a successful promoter, but he wanted to move into management.[12]. The show, titled "Welcome Home, Elvis", was Presley's first national television appearance since The Ed Sullivan Show in January 1957. [5] However, Judge Joseph Evans, aware that Lisa Marie Presley was still a minor, appointed attorney Blanchard E. Tual to investigate Parker's management. The Amazing Comeback Of Colonel Tom Parker - Elvis History Blog [64] In 1993, in one of his last media appearances, Parker appeared in a television interview with Dutch TV director Jorrit van der Kooi where they spoke to each other in Dutch about the Netherlands and about Elvis Presley's life and career. He negotiated Presley's lucrative merchandising deals, TV appearances, and acting roles in films. 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. [15] Both Mercury Records and Columbia Records showed interest, although their initial offers were nowhere near the $40,000 requirement. [44] However, Presley had asked him to raise funds to pay for his upcoming divorce settlement, and Priscilla divorced Elvis in 1973.