Michael Jackson's Neverland Ranch sold to billionaire
FILE - This Dec. 17, 2004, file photo shows the rear entrance to pop star Michael Jackson's Neverland Ranch home in Santa Ynez, Calif. Jacksons Neverland Ranch has found a new owner in billionaire businessman Ron Burkle. Burkles spokesman said in an email Thursday, Dec. 24, 2020, that Burkle bought the 2,700-acre property near Santa Barbara, California. LOS ANGELES โ Michael Jacksonโs Neverland Ranch in California has found a new owner in billionaire businessman Ron Burkle. The asking price of the property was $100 million in 2016 then dropped to $67 million a year later. Other features on the ranch are a โDisney-styleโ train station, a fire house and barn.