The name of the future owner of Michael Jackson’s house is already known

YEREVAN, OCTOBER 27, ARMENPRESS: Extremely rich investment banker Steven Mayer purchased the 17,000 sq ft, seven-bedroom house Michael Jackson at a price ranging between $17 and $20 million. The estate was originally listed at $24 million, Armenpress reports referring to “Ria Novosti”. The King of Pop died in the Los Angeles home, which is located in the exclusive Holmby Hills neighborhood, of acute Propofol intoxication in June 2009. Steven reportedly had no qualms about the fact that Michael met his death there.

The house has been on and off the market for three years. For some reason the seller is letting Mayer move in before escrow closes, something real estate honchos think is high risk.