[ad_1]
World famous pop artist Michael Jackson, called the “King of Pop”, passed away at the age of 50 in 2009 and his life’s work at Neverland Ranch in California deteriorated.
The billionaire friend bought the ranch at a bargain price
On the properties, Michael Jackson had an amusement park, a zoo, and a train with associated rails and a reinforced station building during the artist’s heyday.
The ranch has been sold to billionaire Ron Burkle, who was a friend of Michael Jackson, for $ 22 million, equivalent to about 183 million crowns, the AP reports.
Michael Jackson himself bought the ranch for $ 19.5 million in 1987.
Boys Testified About Sexual Abuse at Neverland
In 2015, the ranch was put on the market at a price of $ 100 million, reports the Wall Street Journal. Nobody wanted to buy. The price was negotiated in installments and the ranch was raised again last year for $ 31 million.
Last year the documentary “Leaving Neverland” was released, where two men recounted how they were sexually abused by Michael Jackson at the ranch and in second place when they were 7 and 10 years old, respectively. The documentary can be seen on SVT Play.
