Michael Jackson's Neverland Mansion Sold

Michael Jackson's Neverland Mansion Sold.

The "Neverland" mansion of the American singer, songwriter and producer Michael Jackson in the state of California was sold to the billionaire Ron Berkeley, the "Wall Street Journal" reported.

The publication reminds that the property was put up for sale in 2015 at a price of 100 million dollars by the heirs of the singer and the company "Collie Capital".

Since then, its price has been lowered several times. Last year it was $ 31 million.

Jackson bought the mansion in Los Olivos, north of Santa Barbara, in 1987 for about $ 19.5 million and called it Neverland. It is located on an area of ​​11 square kilometers and it had a theme park, carousel, railway and Ferris wheel.

The singer died in 2009. Subsequently, the attractions were removed and the name of the property was changed. There are currently about 20 buildings there, including guest houses, a swimming pool, a basketball court and a cinema for 50 spectators.

The Wall Street Journal recalls that Berkeley was Jackson's business adviser. Representatives of the billionaire told reporters that he considers the acquisition of the property a profitable investment.

Michael Jackson has won 13 Grammy Awards. More than 1 billion copies of his recordings have been sold worldwide. According to Forbes magazine, Jackson tops the list of celebrities whose cultural heritage continues to generate income even after their deaths.

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