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    Home»News»Neverland Ranch Sells for $22 Million, $78 Million Less Than Listing
    News

    Neverland Ranch Sells for $22 Million, $78 Million Less Than Listing

    Mary Anne ButlerBy Mary Anne ButlerDecember 26, 2020Updated:December 26, 20201 Min Read
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    Legendary entertainer and controversial figure Michael Jackson owned a sprawling estate named Neverland Ranch. Chances are you’ve heard about it throughout the latter years of Jackson’s life, or from the 2019 devastating documentary, “Leaving Neverland.”

    Neverland Ranch, a 2,700-acre property near Santa Barbara, had been on the market since 2016, and had an unsurprising price tag of $100 million.

    The estate was finally just purchased, for a cool $22 million, by billionaire Ron Burkle. It’s worth noting that Jackson payed around $19.5 million when he purchased the property way back in 1987.

    Burkle was reportedly an associate of sorts of Jackson. He was also the co-founder of the investment firm Yucaipa Companies.

    The sale was reported by The Wall Street Journal.

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    • Mary Anne Butler
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    Mary Anne Butler (Mab) has been part of the fast-paced world of journalism since she was 15, getting her start in album reviews and live concert coverage for a nationally published (print) music magazine. She eventually transitioned to online media, writing for such sites as UGO/IGN, ComicsOnline, Geek Magazine, Ace of Geeks, Aggressive Comix (where she is still Editor-in-Chief), Bleeding Cool (where she was News Editor), and now Nerdbot as Editor-In-Chief. Over the past 10 years, she’s built a reputation at conventions across the globe as a cosplayer (occasionally), photographer (constantly), panelist and moderator (mostly), and reporter (always). Interviews, reviews, observations, breaking news, and objective reporting are the name of the game for the founder of Harkonnen Knife Fight, a Dune-themed band with an international presence. Though she be but little, she is fierce.

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