Michael Jackson’s Neverland Ranch Sells For $22M
Michael Jackson’s Neverland ranch has finally sold to a new owner for a whopping $22M.
According to the Wall Street Journal, billionaire Ron Burkle, co-founder of investment firm Yucaipa Companies and one of Michael’s former associates bought the property.
The famous property is located 40 miles from Santa Barbara and had initially been on and off the market for years, first listing for $100 million in 2015.
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The ranch had a railroad and an amusement park, which included a Ferris wheel and a merry-go-round. He had orangutans and an elephant on site. A floral clock in the front of the property that spelled out “Neverland” from ‘Peter Pan.’
The Neverland Ranch was a place where dreams came true and the idea that you could be a kid forever. It was rebranded in 2009 after Jackson’s death and the amusement rides were also removed.
