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Michael Jackson's Neverland Ranch sells to billionaire

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wonderwall.com

Wall Street Journal reports that billionaire Ron Burkle, who was once one of Michael's financial advisors, bought the estate for $22 million, far less than what the property was listed at just five years ago.The 2,700-acre estate is located north of Santa Barbara, Calif., and has 22 structures, with the main house measuring 12,000 square feet.The property has a less-than-savory history, as several men have come forward over the years to allege that the pop star molested them there.

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