Another Set Back for Michael Jackson
The ‘King of Pop’ has accumulated over 25 million dollars of debt for his California ranch. For the past 3 months, no payments were made and authorities are ready to put up the estate for sale at a public auction in mid-March.
Jackson purchased the ranch in 1987 but has not been living in this excessive property since his 2005, following an investigation on child molestation charges.
Neverland is a 1100 hectare estate that includes a private zoo. In 2006 the estate was closed when Jackson failed to pay staff working at the ranch.