Elvis Presley Family Facts

He bought Roosevelt's Yacht

In 1964, Elvis paid $55,000 for the Potomac, the 165-foot-long vessel that served as FDR’s “floating White House” from 1936 to 1945.
Constructed in 1934, the Potomac originally was a U.S. Coast Guard cutter. After the president’s death in 1945, the ship was decommissioned and had a series of owners before Elvis bought it. However, he soon donated it to St. Jude’s Children’s Hospital, which in turn sold the vessel to raise money.
(In 1980, the Potomac, then being used by drug smugglers, was seized in San Francisco by U.S. Customs. It later was restored and opened to the public.)

Elvis’ yacht donation was one of many charitable acts after he would make during his life.
In addition to giving away cars, jewelry and cash to friends and strangers, he performed a number of benefit concerts.
One such performance, in 1961, generated more than $50,000 toward the completion of the USS Arizona Memorial in Hawaii.
Work on the project, a tribute to the more than 1,100 men who died aboard the USS Arizona during the 1941 Pearl Harbor attack, had begun years earlier then stalled due to a lack of funds. Elvis’ concert, for which tickets ranged from $3 to $100, helped reinvigorate fund-raising efforts for the memorial, and it was dedicated the following year.