Ron Burkle Latest Celebrity News & Gossip

Michael Jackson’s fabled Neverland estate is under new ownership.

Wall Street Journal reports that billionaire Ron Burkle, who was once one of Michael's financial advisors, bought the estate for $22 million, far less than what the property was listed at just five years ago.The 2,700-acre estate is located north of Santa Barbara, Calif., and has 22 structures, with the main house measuring 12,000 square feet.The property has a less-than-savory history, as several men have come forward over the years to allege that the pop star molested them there.

Michael Jackson’s troubled Neverland Ranch has found a new owner.Billionaire Ron Burkle, co-founder of investment firm Yucaipa Companies and a former associate of Jackson, has purchased the Los Olivos, Calif., property for $22 million, the Wall Street Journal reports.Beyond snagging himself roughly 2,700 acres and a nearly 12,000-square-foot mansion — among the many structures on the estate — Burkle also got a deal.

David SternThe former longtime commissioner of the NBA died Jan. 1 following a brain hemorrhage, according to a statement from current NBA Commissioner Adam Silver.

David SternThe former longtime commissioner of the NBA died Jan. 1 following a brain hemorrhage, according to a statement from current NBA Commissioner Adam Silver.

Cynthia Littleton Business EditorRon Burkle’s Yucaipa Companies has made an investment in APA as the agency looks to rebound from the pandemic-induced slowdown in the entertainment industry.The agreement is not believed to be an equity investment but rather a cash influx structured as debt for the talent agency. Industry sources say APA veteran Jim Osborne, APA partner and head of talent, is poised to take on a larger role as president after helping to arrange the Yucaipa deal.

Look back at the memorable career of Kamala, "The Ugandan Giant," with these classic photos.https://t.co/tEqmciumam— WWE (@WWE) August 10, 2020David SternThe former longtime commissioner of the NBA died Jan. 1 following a brain hemorrhage, according to a statement from current NBA Commissioner Adam Silver.

As billionaire Tom Gores' investment vehicle takes an ownership stake in Paradigm, more change may becoming to the financially challenged agency as several deep-pocketed investors eye its music division, including Casey Wasserman and Ron Burkle, sources tell The Hollywood Reporter.

Talk of sale activity around Paradigm is heating up again.

Danny Wimmer Presents is launching a new record label, part of a broader expansion for the rock-centric concert promoter who is pushing ahead with an investment deal with Yucaipa Companies, a private equity fund owned by billionaire Ron Burkle.The partnership sets the stage for a deeper investment into the live concert business and the creation of Alchemy Recordings, marking a return to form for Wimmer, who moved to LA from Jacksonville in the late 1990s to help Fred Durst of Limp Bizkit run his

North America's largest independent festival producer Danny Wimmer Presents is planning a new round to make a number of acquisitions this year, after raising a significant investment round from Ron Burkle’s investment firm The Yucaipa Companies in exchange for a minority stake in the concert promotion company.

Quite the pairing...

The Red Hot Chili Peppers have staged their first public performance with returning guitarist John Frusciante to honour late film producer Andrew Burkle.

Billionaire Ron Burkle’s film producer son has been found dead.

“It is with the deepest regret and sadness that we announce the death of Andrew C. Burkle on January 6, 2020, in Beverly Hills, California,” the family of the 27-year-old said in a statement on Jan. 6, per PEOPLE. Andrew was the son of billionaire entrepreneur and owner of the NHL hockey team Pittsburgh Penguins Ron Burkle, 67, and the death has left a huge void in the hearts of all who knew him.  “He is deeply loved by his family and friends and will be greatly missed.”