nydailynews.com nydailynews.com 25 Dec, 2020 02:00 am

Michael Jackson’s Neverland Ranch sold to billionaire former pal

Michael Jackson’s Neverland Ranch sold to billionaire former pal
Ron Burkle, co-owner of the Pittsburgh Penguins, bought the property.

xml:space="preserve"> xml:space="preserve"> Peter Pan still hasn’t grown up, but Neverland has finally sold.Michael Jackson’s famous 2,700-acre southern California ranch sold for $22 million to billionaire Ron Burkle, the Wall Street Journal reported.Future attempts to sell the ranch also flopped, until Burkle was flying over the area and saw it, the Journal reported.Most Read Burkle bought the property as an investment and has no plans to live there, the Journal reported.

Neverland was first put on the market in 2015, available for a cool $100 million six years after Jackson’s death.Neverland has undergone various renovations since Jackson’s death, including the removal of its famous amusement park rides.

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