Michael Jackson’s Neverland Ranch in Santa Ynez California has been bought for $22 million.
The ranch is 2,700 acres in size and was sold to Billionaire investor and family friend Ron Burkle.
The asking price for the property was $100 million in 2015 which dropped to $67 million in 2017.
Michael Jackson, died in 2009 as a result of overdose of the anesthetic Propofol at the age of 50. The king of pop had bought the ranch in 1998 for $19.5 million.
During Michael Jackson’s time the property boasted of theme park rides, a railway and a zoo.
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