Yet when Elvis Presley died from a heart attack in 1977, aged just 42, he only had $5 million ($25m/£17m in today's money) in the bank.

In fact, he passed away owing double that amount to the IRS in unpaid taxes after years of extravagant spending and drug addiction. As inheritors of the estate, Elvis’s ex-wife Priscilla and his father Vernon were left to foot the enormous tax bill.

Priscilla worked tirelessly to turn the estate around, later transforming Elvis's beloved Graceland home into a major tourist attraction. As a result, the estate was worth an incredible $100 million ($211m/£166m today) by the time it was passed down to the couple's daughter, Lisa Marie Presley, in 1993.

Lisa Marie herself was reportedly $4 million (£3m) in the red at the time of her sudden death in January 2023, with more than half of the debt owed to the IRS.

13 tragic stars who died broke