Colonel Tom Parker was a Dutch-American talent manager and businessman in the music industry who died in 1997 with a $1 million fortune. The most notable accomplishment of Colonel Tom Parker was managing Elvis Presley. He supported Presley’s ascent to superstardom in the 1950s and, among other things, influenced his choices of accepting the military draught and getting married to Priscilla.
Tom Parker Biography and Net Worth
|Net Worth $1 million|
|Full Name Thomas Andrew Parker|
|Birth Date June 26, 1909|
|Died January 21, 1997|
|Birthplace Breda, Netherlands|
|Profession Music Entrepreneur, Music manager|
|Wife Marie Mott, Loanne Miller|
Tom Parker Early Life
Out of eleven children of Adam and Maria’s, the seventh one Colonel Tom Parker was born on June 26, 1909, in Breda, Netherlands. Colonel used to work as a carnival barker in his teens in his hometown when he was below 18. Parker relocated to place of Rotterdam when he was just 15 years and started working on boats. At 19, he once again came to the US illegally just after leaving his birthplace, the Netherlands.
Tom Parker Career Beginnings
Soon after arriving back in the US, Parker joined the US Army. Parker was consequently put in a cell by himself. He was discharged from the Army as a result of his illness when he first came out, which necessitated a brief hospitalization in a psychiatric hospital. After receiving his discharge from the army and serving for long time, Parker went back to working at carnivals and then started working as a music promoter.
Tom Parker Success
Parker and as well as his friend who worked as a Memphis radio host, Bob Neal initially started promoting the young aspiring musician, and burgeoning vocalist Elvis Presley in 1955. Parker was the only one who was most involved in managing and keeping a check on Presley’s career, even though Neal had first served as Presley’s official manager. Neal initially decided not to extend his ongoing management agreement with Presley, leaving Parker as the only manager. Parker was able to earn Presley a fantastic seven-picture worthy contract with famous Paramount Pictures in response to his old desire to get featured in motion pictures.
Parker signed a licensing agreement with Factors Etc. to manage Presley’s products after his death. A court investigation into Parker’s supervision of Presley’s music career was started just at the beginning of the mid-1980s. According to attorney Blanchard E. Tual, the industry norm was closer to 15-20%, so Parker’s agreement to take 50% of the singer’s earnings was excessive.
Tom Parker Wife
In the year 1935, while Parker was employed by the circus he married his love, Marie Francis Mott. At the ` in late 1986. Later, in the year 1990, Parker decided to marry Loanne Miller, his lifelong secretary.
Tom Parker Net Worth
Colonel Tom Parker reportedly had a net worth of less than $1 million at the time of his death, despite having made more than $100 million throughout his lifetime. Additionally, he allegedly had gambling debts of up to $30 million at various points in his life. He also lost a sizable chunk of Elvis Presley’s fortune.
Tom Parker Death
Parker had a number of health issues by the time of his final public appearances in 1994. He died of a stroke in Las Vegas at the age of 87 in the early months of 1997.