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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Private Jets

Elvis Presley’s Private Jet Is Up for Auction

By
Madeline Farber
Madeline Farber
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By
Madeline Farber
Madeline Farber
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May 25, 2017, 2:41 PM ET

If you’re an Elvis Presley fan and have some extra change to spare, there’s good news: One of his private jets is up for auction.

After sitting on the runway in Roswell, New Mexico, for 30 years, Elvis’ 1962 Lockheed Jetstar is now available for the right price, according to Liveauctioneers.com, which is handling the bidding.

The jet was owned by Elvis and his father, Vernon Presley. According to the website, much of the interior of the plane — like the red velvet seats, gold-tone hardware, woodwork, inlay and red carpet — was designed by Elvis himself.

The jet hasn’t been restored since Elvis last owned it — meaning it’s in the same condition the King of Rock ‘n’ Roll left it in.

It’s also the only airplane once belonging to Elvis that is still owned privately. According to Liveauctioneers.com, the only other two in existence are owned by The Elvis Presley Museum.

Vintage luxury: Elvis Presley’s private jet is auctioned after decades spent on a runaway – https://t.co/JxICtgnBLC pic.twitter.com/dvWLYoLEhb

— Retro Pickers (@RetroPickers) May 24, 2017

“This jet has the potential of being restored, and placed on exhibit for the world to come see. It could potentially earn its new owner millions of dollars in exhibit, or entry fees as an attraction,” a statement on the website reads. “The jet that will be up for auction is one of only 204 aircraft manufactured between 1957 and 1978 in a private project between Jetstar and Lockheed.”

However, there’s a caveat: The plane has no engines, and the cockpit has not been restored, according to the website. Additionally, it would have to be disassembled in order to be shipped. According to the website, the auction firm “will play an assistive role in facilitating shipping at the winning bidder’s expense.”

As of Thursday afternoon, the jet was going for $206,000.

You can check out all the photos here.

About the Author
By Madeline Farber
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