Michael Jackson Saved Neverland Ranch
Posted on May 12, 2008 at 8:32 am (PST)
Michael Jackson was unable to pay a measly $13,373.47 in taxes to prevent Neverland Ranch from being auctioned off. He’s broke. Lucky for Michael, Tom Barrack Jr., a founder of Colony Capital swooped in and paid the tax debt off.
Michael hasn’t lived on Neverland Ranch since 2005, so it’s hard to say why he still cares about the property. Perhaps Michael is afraid new owners might find something on the Ranch he wants to remain a secret.
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I’ve seen photos of it. It’s not worth more than 50,000.00 dollars.
The eyes don’t deceive.
Comment by Snow Pie — May 13, 2008 #