Wall Street Journal, billionaire Ron Burkle, a onetime associate of Michael Jackson bought his infamous “Neverland Ranch.” The property is located about 40 miles from Santa Barbara in Los Olivos, California, and was first listed for $100 million in 2015.
After going on and off the market for years and undergoing several price cuts it was listed for $31 million last year. Jackson originally paid about $19.5 million for the ranch in 1987 and used the property to make his wildest dreams come true.
Jackson made Neverland Ranch his adult childhood fantasy home equipped with a private amusement park. It was of course named after the fantasy world in J.M.
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