We all know who Michael Jackson is and the story behind his downfall of fame. But where is he now?
Michael Jackson doesn't own Neverland Ranch anymore, well kind of. According to some official documents, Neverland was transferred on Monday to a company named "Sycamore Valley Ranch Company LLC". But now here is where it gets good. Sycamore is a joint venture between a division company called Colony Capital and Michael Jackson himself. The Colony Capital also owns many Las Vegas properties. Earlier in the year, Colony Capital bailed Jacko out by buying his Neverland mortgage worth 23.5 million dollars. Jackson could now be performing at the Hilton, which was reported earlier this year. It has also been told that Neverland will not be called Neverland anymore. It will now be named Sycamore Valley Ranch to make an attempt to erase all those disturbing child molestation rumors, even though Michael Jackson has been criminally acquitted.
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