Michael Jackson’s fabled Neverland estate is under new ownership.
The legendary home of Jackson has been purchased for $22 million. It was reportedly sold to Jackson’s one-time associate and billionaire co-founder of Yucaipa Cos. Ron Burkle — per the Wall Street Journal.
RELATED: Spike Lee Updates Michael Jackson’s ‘They Don’t Care About Us’ Video
EXCLUSIVE: Ron Burkle, a onetime associate of Michael Jackson and co-founder of Yucaipa Cos., has bought the late pop star’s onetime Neverland Ranch for $22 million. https://t.co/ej2fvxntJK via @WSJ
— Katherine Clarke (@KathyClarkeNYC) December 24, 2020
The expansive 2,700-acre property was listed for $100 million in 2015 before being dropped a number of times. It was valued at $31 million as recently as 2019. Jackson originally purchased the ranch for an estimated $19.5 million in 1987.
Neverland was in the news in November after a rapper named Daeshard allegedly trespassed on the property to shoot a music video.
(@daeshard100)
from RSSMix.com Mix ID 8291209 https://ift.tt/3aJLoki
No comments:
Post a Comment