Colonel Tom Parker Net Worth: Is He Dead At The Age Of 87?

Colonel Tom Parker Net Worth: Is He Dead At The Age Of 87? Colonel Tom Parker was a talent manager and musical entrepreneur who was of Dutch and American descent. At the time of his passing away in 1997, he had a net worth of one million dollars. The role of Colonel Tom Parker as Elvis Presley’s manager brought him the most of his fame. It was largely because of his efforts that Elvis Presley was able to achieve superstardom in the 1950s. He was also a major factor in the singer’s choices to enlist in the military and wed Priscilla Presley, among other things. A judge decided that Parker’s handling of Elvis Presley was unethical after an examination into the matter was conducted in the early 1980s.

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Net Worth: $1 Million
Date of Birth: Jun 26, 1909 – Jan 21, 1997 (87 years old)
Place of Birth: Breda, Netherlands
Profession: Elvis’ manager

Colonel Tom Parker’s Loss of Wealth

Colonel Tom Parker was reputedly valued at less than $1 million when he died, after amassing a net worth of over $100 million over the course of his career. At various points in his life, he reportedly had gambling debts of up to $30 million. His actions cost him a huge chunk of Elvis’ personal fortune. When Elvis died in 1977, he had a net worth of just $5 million, a paltry sum compared to his great popularity and fame.

Colonel Tom Parker’s Early Life

He was born Andreas Cornelis van Kuijk on June 26, 1909, as the seventh of eleven children to Adam and Maria van Kuijk in Breda, Netherlands, the capital of the Netherlands. In his hometown, he was a carnival barker as a kid. While working on boats in Rotterdam at the age of 15, Parker developed an interest in the maritime industry. After a few years, he snuck into the country illegally by jumping ship from his employer’s boat. Before returning to the United States at the age of 19, Parker went back to the Netherlands illegally. He was employed in carnivals when he was there.

Colonel Tom Parker’s Military Service

As soon as he arrived back in the United States, Parker joined the US Army. The officer who interrogated him gave him the name Tom Parker, so he changed his identity to Tom Parker in order to hide his status as an illegal immigrant. The 64th Coast Artillery at Fort Shafter in Hawaii served him for two years before he returned to Fort Barrancas in Florida and re-enlisted. However, he was charged with desertion after he re-enlisted. As a result, Parker was put in solitary confinement for the time being. When he came out, he had a psychotic episode that resulted in him being discharged from the military.

Colonel Tom Parker’s Beginnings of a Professional Career

He worked as a carnival carnie for the Royal American Shows from 1931 to 1938 after being discharged from the military. After this, he became a music promoter in the music industry. Gene Austin was the first major artist with whom he collaborated. As a field agent for the Hillsborough County Humane Society, Parker helped raise cash and publicity for the organization’s operations during this time period. In order to go back into the music business, he started managing artists like Eddy Arnold and Tommy Sands.

Colonel Tom Parker's Beginnings of a Professional Career
Colonel Tom Parker’s Beginnings of a Professional Career

In The 1950s, Elvis Presley Was At His Peak

When Parker and Bob Neal began promoting Elvis Presley in 1955, the young up-and-coming artist was just 16 years old. While Neal was initially Presley’s manager, Parker was the one who was most active in overseeing the singer’s career. Presley signed a contract with RCA Victor soon afterward. Parker became Presley’s sole manager following Neal’s decision not to renew his contract with the artist. RCA Victor’s “Heartbreak Hotel” was Elvis Presley’s first record, and it rocketed him into superstardom. Parker arranged for him to appear on shows like “The Ed Sullivan Show” and “The Milton Berle Show” in order to raise his profile. In an effort to commercialize Presley to the fullest extent possible, Parker arranged a merchandising agreement with Hank Saperstein.

Colonel Tom Parker’s Personal Life and Death

During his time with the circus, Parker married Marie Francis Mott in 1935. Before Parker’s career in management took off, the two worked together at carnivals. Parker became estranged from Mott as she began to show indications of dementia in the 1960s and sought solace in gaming. At the age of 78, Mott succumbed to his injuries in late 1986. Parker later married Loanne Miller, his longtime assistant, in 1990.

Parker’s health had deteriorated considerably by the time of his final public appearances in 1994 when he was suffering from gout and diabetes. He died of a stroke in Las Vegas in 1997 at the age of 87.

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