Last updated: Tuesday, December 23, 2008
JACKSON'S NEW LUXURY MANSION
MICHAEL JACKSON has taken out a $100,000 (GBP70,000)-a-month lease on a new mansion - just one month after relinquishing his debt-steeped Neverland Ranch to an investment firm.
Michael Jackson gets into his car after shopping on Melrose Avenue, Los Angeles, California - 23.10.08
The Thriller hitmaker has signed a deal for a $37 million (GBP25 million) chateau in Holmby Hills, California, which has seven bedrooms, 13 bathrooms, a home cinema and a wine cellar.
The three-storey property also boasts a curved staircase, a pool and a 12 fireplaces.
Just last month (Nov08), Jackson handed over the title to his Neverland Ranch in California to a private equity group Colony Capital, which agreed to take over the singer's $24.5 million (GBP16.1 million) debt on the property.
The star was forced to sell the famed Ranch after its sweeping grounds drained his finances - it cost him $25 million (GBP17 million) to buy and $3 million (GBP2 million) a year to run.
Related News:
- JACKSON IS LAID TO REST AMONG THE STARS
- WINFREY TO DEDICATE SHOW TO JACKSON
- JACKSON VIDEO WAS A HOAX
- JACKSON'S DEATH CERTIFICATE AMENDED
- FASCINATING FACT:
- JACKSON'S THIS IS IT WAXWORK TO BE UNVEILED IN HOLLYWOOD
- LESTER: 'CORONER'S FINDINGS ARE ABSOLUTELY HORRENDOUS'
- DOCTOR'S LAWYER RESPONDS TO JACKSON 'HOMICIDE' REPORTS
- DOCTOR TOOK PILL BOXES FROM JACKSON'S HOTEL SUITE PHARMACY
- JACKSON ASKED DOCTOR TO CONSIDER HAVING HIS FOURTH CHILD
Source: WENN
E-mail this to a friend
Printable version
Post a commentPOST A COMMENT
ENTERTAINMENT NEWS:
RONSON THANKS FANS FOR SUPPORT AFTER HOSPITAL STAY
LINDSAY LOHAN's girlfriend SAMANTHA RONSON is recovering at home following her admission to a California hospital to treat an alleged struggle with exhaustion and depression.
MORE NEWS:
. DVDS THIS WEEK
. BAILEY RAE UNAWARE OF HUSBAND'S METHADONE USE
. JACKSON BLASTS ILL HEALTH RUMOURS
. THE STREETS STAR 'TO BE A DAD'
. HILTON: 'THIEF IS NOT A STRANGER'
. STEWART STRUGGLES TO COPE WITH NEWFOUND FAME
. PITT'S HOLIDAY GIFT HUNT FOR JOLIE
. DUNST WINS RESTRAINING ORDER AGAINST INTRUDER
. WILL.I.AM STUNNED BY JACKSON VISIT
. SIGNED POSTERS FROM THE SPIRIT ON EBAY!
