Story in Reuters
After ten years, Michael Jackson’s famed Neverland Ranch in California has finally been.
Burkle is the controlling shareholder of Soho House, a private members club that attracts people in the entertainment and media industries and which has properties in New York, London, Los Angeles and Hong Kong
The Wall Street Journal said the estate, renamed Sycamore Valley Ranch several years ago, sold for $22million according to public records.
In 2015, the asking price was $100 million and in 2017 it was re-listed for $67 million.
Jackson, died from an overdose of the anesthetic Propofol in 2009 at age 50, and had bought the property in Los Olivos, about 120 miles (193 km) north of Los Angeles, in 1988 for $19.5 million.
Jackson vowed never to return to Neverland after the trial.