Michael Jackson’s Neverland Ranch sells to billionaire for $22 million
The 2,700-acre property initially listed for $100 million in 2015 Ronald W. Burkle, a billionaire co-owner of the Pittsburg Penguins, has purchased the Sycamore Valley Ranch, formerly known as Neverland Ranch, which was previously owned by the late Michael Jackson. According to the Wall Street Journal, Burkle, co-founder of investment firm Yucaipa Companies, purchased the…