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Thousands of fans flock to Graceland for the 30th anniversary of the death of Elvis Presley

By: Peter Chubb | August 15, 2007 | Leave a Comment

Graceland

As it is now the 30th anniversary of the death of Elvis Presley the king of rock n roll, Graceland is bracing itself as tens of thousands of fans flock the home of the late Elvis. People from all over the world will descend on Graceland; many were already their last night holding a candlelit vigil.
The sad fact in everybody’s mind though is the fact that the owner of Elvis Presley’s estate plans to make it into some kind of Disney Park. Robert Sillerman purchased an 85 percent stake in the estate, which he paid $100 million for, Lisa Marie Presley; Elvis’s daughter owns the other 15 percent of Elvis Presley Enterprises.

Sillerman plans to spend $250 million on renovating Graceland, he will also replace Heartbreak Hotel which is nearby. He hopes that he can create a new visitor center and also an interactive museum, replaces the tired look of Graceland.

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