Ronald Burkle

Arts, Entertainment, Culture • Celebrities & Public Figures
Michael Jackson's Neverland Ranch sold for $22m for Ron Burkle
Michael Jackson's Neverland Ranch sold for $22m for Ron Burkle
Credit: John Wiley User:Jw4nvc - Santa Barbara, California, via Wikimedia Commons (Creative Commons Attribution 3.0)

The late Michael Jackson's home, formerly known as Neverland Ranch, has been purchased by Pittsburgh Penguins co-owner Ron Burkle for $22 million, the Wall Street Journal reported. The property was initially listed for sale at $100 million in 2014 but has failed to find a buyer for years.