Jackson's Neverland Ranch was up for sale four years back for $100m ($73m). (AP Photo/Reed Saxon, File)According to a report in The Independent, singer Michael Jackson’s Neverland Ranch has been sold to a billionaire for $22m (INR 162 crore approx.). This is $78m (INR 575 crore approx.) The same report states that Ronald Burkle, a billionaire businessman acquired the 2,700-acre property in Los Olivos, near Santa Barbara. The report further mentions that Jackson’s Neverland Ranch was up for sale four years ago for $100m (INR 736 crore approx.).

Source: Indian Express December 27, 2020 16:07 UTC