Finally. Michael Jackson’s Neverland Ranch has been sold to billionaire Ron Burkle for $22,000,000. Co-owner of the Pittsburgh Penguins purchased Neverland Ranch after spotting it from the air and called the owner directly according to the Wall Street Journal. Michael Jackson’s former home had originally been listed for $100,000,000 in 2015 and renamed Sycamore Valley Ranch. The ranch includes a 12,598-square-foot main residence, two guest houses, a lake, a movie theatre, and a Disney-themed train station (see video).