Guitarist Extraordinaire Michael Lockwood's Net Worth Hits the Million-Dollar Mark

What is Michael Lockwood's net worth? The guitarist was Lisa Marie Presley's fourth husband and father to her twin daughters. Here's what we know.

Kathryn Underwood - Author

May 15 2023, Updated 3:41 p.m. ET

Michael Lockwood (L) and Lisa Marie Presley arrive at the 2012 Billboard Music Awards.
Source: Getty Images

Fourth in the series of husbands of Lisa Marie Presley, Michael Lockwood is a guitarist and producer to this day. He has worked with a number of well-known artists including Carly Simon and Aimee Mann. His divorce from Lisa Marie was finalized in 2021. What is Michael Lockwood's net worth?

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Although Lisa Marie filed for divorce from Lockwood in 2016, it wasn't until May 2021 that it was finalized. Considering the custody battle Lockwood endured after splitting from Lisa Marie, here's how much the guitarist is now worth.

Michael Lockwood

Guitarist and Producer

Net worth: $5 million

Michael Lockwood is a guitarist and music producer who has been a part of various bands and worked with major recording artists over the years. Lockwood is also known as having been married to Lisa Marie Presley, the late daughter of Elvis and Priscilla Presley. For Presley it was the fourth marriage, and the couple had twin daughters together. The couple separated in 2016 and finalized their divorce in 2021. Lisa Marie Presley died on Jan. 12, 2023.

Birthdate: May 22, 1961

Birthplace: Hawthorne, Calif.

Former Spouse: Lisa Marie Presley (div. 2021)

Children: 2 (twins Harper and Finley)

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What's Michael Lockwood's net worth?

Michael Lockwood with Lisa Marie Presley at the 2013 CMT Music Awards.
Source: Getty Images

Michael Lockwood with Lisa Marie Presley at the 2013 CMT Music Awards.

Lockwood states on his professional website that he "became involved with music from a young age." During the 1980s, he was part of a band called Lions and Ghosts, which released two "critically acclaimed" albums before the band broke up. Lockwood has an estimated net worth of $5 million, according to numerous online sources.

Where was Michael Lockwood born?

Not much has been publicly revealed about Lockwood's childhood. He was born in 1961 and he graduated from high school in Bakersfield, Calif. in 1978. He has been in the music business his entire adult life.

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When did Michael Lockwood form his first band, Lions and Ghosts?

As Lockwood states, he worked in the 1980s with a band called Lions and Ghosts. The group signed with EMI America, a new record label that was a sister to Capitol Records, started by EMI.

The Lions and Ghosts discography included two albums:

  • Velvet Kiss, Lick of the Lime (1987)
  • Wild Garden (1989)

After their second album, Lions and Ghosts disbanded.

Lockwood has also been a music producer. He worked with Aimee Mann for nearly a decade. Other Grammy-winning artists who worked with him over the years included Carly Simon, Fiona Apple, and Susanna Hoffs of the Bangles.

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The musician and producer formed Sparkle Plenty Records in 2022 with his manager Jeff Keller. In a partnership with Deko Entertainment, Sparkle Plenty went on to sign the artist Bird Streets.

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Presley performing with Lockwood at the Americana Music Festival and Conference in 2013.
Source: Getty Images

Presley performing with Lockwood at the Americana Music Festival and Conference in 2013.

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How many albums has Michael Lockwood released?

Lockwood's discography includes many albums released between 1987 and 2012. Some of the albums he composed or collaborated on include:

  • Two as part of Lions and Ghosts
  • Albums in 1994, 1995, 2000, and 2002 with Aimee Mann
  • Brand New in 1997 with Salt-n-Pepa
  • I'd Rather Eat Glass in 2000 with Bijou Phillips
  • Albums in 2000, 2002, and 2008 with Carly Simon
  • Now What in 2006 with Lisa Marie Presley
  • Storm & Grace in 2008 with Lisa Marie Presley

Is Lisa Marie Presley responsible for Michael Lockwood's rise to fame?

Although his musical career was relatively successful, Lockwood is perhaps best known to the public as the fourth husband of Lisa Marie Presley. He married the only daughter of Elvis Presley in 2006, after having worked with Lisa Marie as her guitarist and producer.

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Two years into their marriage, Lockwood and Presley welcomed twin daughters into their lives. Harper and Finley Lockwood were born on Oct. 7, 2008, the first children to Lockwood. Presley herself already was the mother of two children from her marriage to Danny Keough: Riley Keough, an actor, and Benjamin Keough, an aspiring musician who passed away in 2020.

According to The Sun, Lockwood married Stephanie Hobgood, a celebrity hair and makeup artist, in October 2022. He reportedly received 50/50 custody of the twins he shared with Presley. Shortly after Presley's death, Lockwood was granted full custody of the twins in March 2023.

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