Who Owns Neverland Now? The Ranch’S New Owner

Ronald Burkle, a close friend of the Jackson family, purchased Neverland Ranch in 2020 for $22 million. Burkle, a successful American businessman and billionaire, saw the potential in the property and felt it was a worthwhile investment. This marked a turning point for the iconic ranch, bringing it back into the public eye after years of being out of use.

It’s important to note that Burkle’s purchase was not simply a financial transaction. He had a deep personal connection to Michael Jackson and the property, having spent time at Neverland with the family over the years. His purchase was seen as a way to honor Jackson’s legacy and ensure the property was well-maintained. Burkle’s plans for Neverland are still evolving, but he has stated his intent is to restore the ranch to its former glory while also making it a respectful tribute to Michael Jackson. He intends to create a space that celebrates Jackson’s music and legacy while offering a unique experience for visitors. While the future of Neverland remains uncertain, it’s clear that Burkle’s ownership is ushering in a new chapter for the ranch, one filled with potential and a respect for its past. It will be exciting to see how Burkle transforms Neverland and how it re-enters the public consciousness under his stewardship.