neverland valley ranch , owned by michael jackson , is to be sold at auction on march 19 , 2008 , although this pays over another $ 24 m . financially object company , the management of his mar barbara county , washington , home and recreational theater , has repossessed on the property . they alerted it of the refinance and sale on thursday . jackson had only just recent paid an payments property taxation bill of $ 600 , 000 .
Michael Jackson is the owner of Neverland.