Pittsburgh Penguins co-owner Ron Burkle is the new owner of Michael Jackson ’s Neverland Ranch. On Saturday (December 26), Burkle’s spokesperson confirmed to CNN that his client bought the famous property. The Wall Street Journal reported that he bought the estate for $22 million. The “Thriller” singer originally purchased the 2,700-acre “Sycamore Valley Ranch” in 1987 for $19.5 million. He named it “Neverland Ranch” after the story of Peter Pan, the boy who never grew up. He created the land into a child’s dream, similar to a miniature Disneyland. The land featured 22 structures including a complete amusement park […]
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