Michael Jackson Gets to Keep Neverland Ranch
Nothing like waiting until the last minute. Michael Jackson worked out a deal with Fortress Investment Group, just days before the amusement park was to be put on the auction block.
L. Londell McMillan, the King of pop’s lawyer said, “Neverland and MJ are fine.”
Michael owed 24.5 million in back taxes on the Los Olivos, California property.
No word on whether Michael plans on bringing his family back to the ranch that he left after child molestation charges were brought against him in 2005, or if he will sell the property.
The King of Pop must have been a few years behind on paying the government in order to reach the tidy sum of 24.5 million in arrears.
View pictures of Neverland Ranch here.
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Filed under: Celebrities, Michael Jackson




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