Michael Jackson’s Neverland Ranch purchased by billionaire

Michael Jackson’s Neverland Ranch has found a new owner (Mark J. Terrill/AP)

Michael Jackson’s Neverland Ranch in California has been sold for 22 million dollars (€18 million).

Billionaire businessman Ron Burkle purchased the 2,700-acre property in Los Olivos, near Santa Barbara, after seeing the site from the air and putting in an offer.