Michael Jackson's Neverland Ranch 'sells for £16m' and less than a quarter of asking price
Reading now: 558
mirror.co.ukMichael Jackson's former house Neverland Ranch has reportedly sold for £16million - less than a quarter of the original asking price.
Billionaire investor Ron Burkle bought the home for $22m in a deal that has been called a "steal", it's claimed. The original asking price for the iconic property was £73m ($100m).
According to the Wall Street Journal, Burkle, a former associate of Jackson's, made the purchase after it was re-listed for £23m ($31m) this year.
LA real estate agent Ian Reed told the Guardian : "It's maybe like a haunted house but the buyer just got a deal – a steal in fact.
Read more on mirror.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
