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Michael Jackson: Neverland Ranch 'sold to billionaire for $22m'

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The Neverland ranch of the late popstar Michael Jackson has reportedly been sold to a billionaire investor for a quarter of its initial asking price.

Axar.az reports that Ron Burkle, a former friend of Jackson, recently bought the estate in Los Olivos, California, his spokesman said.

He paid $22m (£16.2m) for Neverland, the Wall Street Journal reported, citing public records and three people familiar with the deal.

The 2,700-acre (1,100 hectare) compound was first listed for $100m in 2015.

Date
2020.12.25 / 21:13
Author
Axar.az
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