A memorial vigil at Graceland followed Presley 's sudden death . The singer died in his Memphis , Tennessee , home at age 42 . Presley is buried on the grounds of Memphis . In 2006 , Forbes magazine estimated his estate 's annual income at $ 100 million .
A candlelight vigil at Graceland marks Presley 's 1977 death . The singer died in his Memphis , Tennessee , home at age 42 . Presley is buried on the grounds of Graceland . In 2010 , Forbes magazine estimated his estate 's annual income at $ 60 million .