Michael Jackson’s Neverland Ranch Sold For $22M, Originally Listed For $100M

Michael Jackson’s Neverland Ranch sold for $22 million after hitting the market for $100 million in 2015. The home was purchased by billionaire Ron Burkle, co-founder of investment firm Yucaipa Companies and a former associate of Jackson. MJ originally bought Neverland for $19.5 million in 1987, but the 2,700-acre property went through a series of price cuts before finally finding a purchaser. After having its original asking price lowered to $67 million in 2017, it was listed for $31 million in 2019. Although the property is equipped with a nearly 12,000-square-foot mansion,…

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