Tag Archives: michael jackson

Michael Jackson’s Former Rental House Sells For $3.1 Million

A sprawling Las Vegas mansion, once rented by Michael Jackson, was sold for $3.1 million Thursday, the Nevada palace reportedly being the spot where the late King Of Pop met the physician, Dr. Conrad Murray, who has been investigated in the wake of his shocking death.

The house, which Jackson lived in from late 2006 to 2007, spans 15,461 square feet and has seven bedrooms, ten bathrooms, a tennis court, a basketball court and a 20-seat theater.

The mansion is the largest piece of real estate sold in Sin City in nearly a year’s span, no small feat considering that the sagging economy has depressed both the city and its’ real estate.

The sale of the 15,000-square-foot (1,400-square-meter) house was the city’s biggest in almost one year, according to an e-mailed statement today from Vegas Fine Estates, the broker on the deal. The buyer was a doctor-lawyer couple with property in California and Asia, the broker said without giving their names.

Jackson, who died June 25 from a drug overdose, paid $1 million to rent the seven-bedroom house for six months over 2006 and 2007 after returning from a self-imposed overseas exile, according to the statement. The luxury home includes tennis and basketball courts and a 20-seat theater.

Source:  Bloomberg.com

Ride purchased from Jackson’s Neverland Ranch Amusement Park to be at Nevada County Fair

Ballon Samba Ride from from Jackson's Neverland
Ballon Samba Ride from from Jackson's Neverland

The Nevada County Fair, which opens on Wednesday, will feature a ride purchased from Michael Jackson’s infamous Neverland Ranch amusement park. The ride, Balloon Samba, was previously owned by Michael Jackson, operated at the Neverland Ranch and was purchased in the fall of 2008 by California-based carnival company, Butler Amusements.

The ride is designed to look like a hot-air balloon and features hot air balloon carriages. The Balloon Samba seats 32 children in six air balloons. The ride will be part of the carnival area during Nevada County’s five-day Fair.
Continue reading Ride purchased from Jackson’s Neverland Ranch Amusement Park to be at Nevada County Fair

Foreclosures of the Rich & Famous

Former NBA star Vick Baker's home lost to foreclosure
Former NBA star Vick Baker's home lost to foreclosure

It seems like no matter how much money some people make, some of them don’t seem to be able to manage their money.

It’s not like a person who has worked hard all their life, suddenly loses their job and is forced to sell their home. But making millions of dollars and not preparing for an economic downturn seems ludicrous compared to someone just getting by.

 For example here is slide show of 20 Rich & Famous people who have recently been through foreclosure. Apparently glamorous celebs can and do fall back on mortgage payments, taxes, and (occasional) alimoney? 

Click Here To Watch A Slide Show Detailing The Foreclosures Of The Rich & Famous

Michael Jackson’s Neverland Home has a Buyer

Michael Jackson's Neverland
Michael Jackson's Neverland

LONDON – French fashion tycoon Christian Audigier is set to buy Michael Jackson’s Neverland home.

“I have decided to buy that house,” the Mirror quoted him as telling French TV.

The designer is also planning to build a theme complex dedicated to the icon similar to Elvis Presley’s Graceland.

He may also offer online tours for fans to the ranch that Jackson turned into a personal theme park.

Colony Capital who had purchased the California ranch in 2008 for 20million-pound is keen to sell it after the legend’s demise.

Neverland is now worth an estimated $97,150,000.