Neverland Ranch indicated that Colony Capital had invested only $22.5 million in the property. In any event, reliable sources indicate that Colony is the majority owner. Kyle Forsyth, Colony's project manager, described the estate's Tudor-style buildings and savannah-like grasslands as "English country manor meets Kenya." Eventually, Colony hopes to sell the ranch, located in Santa Barbara County, in its entirety. Subdividing it, says Mr. Forsyth, "would destroy it." Since 2009, the Neverland Ranch rides Balloon Samba, Jeeps, Wave Swinger and Dinos have been featured attractions at the California State Fair in Sacramento. Following Jackson's death, press reports during June 28–29, 2009, claimed
Neverland Ranch years of home building...I achieved here all the things I wanted to do in my business but could not". He had considered converting the property to a country club but did not do so. Michael Jackson purchased the estate from Bone in 1988 for an amount that is not certain. Some sources indicate $19.5 million while others suggest it was closer to $30 million US dollars. The property was initially purchased by a trust with Jackson's lawyer, John Branca, and his accountant, Marshall Gelfand, as trustees, for reasons of privacy. The arrangement was later rescinded by Jackson in April 1988