Price of Michael Jackson’s Neverland Ranch w/c was Sold to US Billionaire
MICHAEL JACKSON’S NEVERLAND – The ranch of the late King of Pop, Michael Jackson, was bought by a billionaire in U.S. at this price.
Undeniably, one of the most popular men in history is Michael Jackson. Many people know the success story of the singer who is tagged as the “King of Pop”.
Michael started his career as the youngest member of the Jackson 5. He is the eight child in the family and sang with his elder brothers Jackie, Tito, Marlon, and Jermaine.
It was in 1971 when Michael started his solo career and rose to stardom. His album became hits and his songs are among those that continue to live in the hearts of many people.
Michael Jackson is one of the highest-earning personalities in the international arena. However, he also lived a very lavish lifestyle that still brought him to debts.
In June 2009, the King of Pop died and the reported cause of death was cardiac arrest. One of the properties of the late singer was his gated-home, the Neverland Ranch which was renamed to Sycamore Valley Ranch in 2009.
visit: Michael Jackson’s Co-Executor Plans To Sue ‘Leaving Neverland’ Director
Recently, Michael Jackson’s Neverland Ranch was bought by a US billionaire. Based on a report on ABS-CBN News, it was Ron Burkle, a businessman with investments on supermarkets and the entertainment industry, who bought the former property of the late King of Pop.
Michael Jackson’s Neverland Ranch was bought by the singer at $19.5 million in the 1980s. In 2015, it had an asking price of $100 million but it was not bought. According to the report, Wall Street and AFP confirmed that it was sold to Burkle at $22 million – a huge difference from its 2015 asking price.
The U.S. billionaire turned the ranch into a fairtytale-themed retreat. It got ferris wheel, orangutans, and toy railroad.
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