LOS ANGELES, Dec 24 (Reuters) – Michael Jackson’s famous Neverland ranch in California was finally sold, more than 10 years after the death of the pop star, who left the property after trial on charges of sexually abusing a man. child in that place.
Investor Ron Burkle recently purchased the sprawling 2,700-acre (1,100-hectare) property, his spokesman said Thursday.
The property would have sold for $ 22 million, well below its asking price a few years ago, which was $ 100 million in 2015 and $ 67 million two years later.
Jackson, who died of an overdose of the anesthetic Propofol in 2009 at age 50, bought the property in Los Olivos, about 193 km north of Los Angeles, in 1988 for $ 19.5 million. After financial troubles, in 2008 he turned over the title to Colony Capital LLC, which had a mortgage on the property.
Neverland became Jackson’s favorite haven and featured a zoo, railroad, and theme park attractions. (Reporting by Jill Serjeant; Edited in Spanish by Javier Leira)
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