According to the story, Lawrence is the daughter of the former oil minister of Iran and is a "politically active philanthropist." Her 10,500-square-foot home in Malibu was destroyed by the fires sweeping through Southern California.
Many of the Elvis items were bought from Lisa Marie and Priscilla Presley at a sale at Graceland several years ago.
Despite the loss, Lawrence is circumspect. "My possessions do not possess me," she told the Daily News. "I'm more concerned about the boys in Iraq than my possessions."
Read the story here.