Burning Cash!

Lisa Marie Presley In Divorce Battle To Prove Who’s Poorest

Michael Lockwood insists his broke wife is a 'woman of substantial means!'

Lisa Marie Presley says she’s practically homeless — but her estranged fourth husband Michael Lockwood is insisting that he’s got worse problems! RADAR Online unearthed the divorce documents where his ex’s former musical director says he has a “negative net worth.” The latest filing challenges a post-nuptial agreement that he signed after marrying the daughter of Elvis Presley back in 2007. The court case also shows how difficult it is for Lisa Marie to keep burning through her fortune. Court records show that she’s making over $150,000 a year while suing her former business manager for leaving her broke! It’s the latest humiliating turn as Lisa Marie endures yet another of Hollywood’s worst celebrity divorces…