Billy goat glamorous: Saudi man splashes out $3.5 million on prize goat
A man in Saudi Arabia purchased a male goat for 13 million Saudi Riyals (approximately $3.5 Million USD). The owner of the goat justified the high price by saying that it was of a “rare pedigree” and had many “unique qualities,” according to a recent Al Arabiya article.
The price of livestock in Saudi Arabia has been known to fluctuate seasonally. Prices of livestock are known to increase before Ramadan and the Haj. In addition, the rising price of fodder around the world has driven up the cost of livestock. However, none of these factors would come close to explain a 13 million Saudi Riyal price tag – the highest price paid for any kind of livestock in the oil rich kingdom.
For such a price tag, one can only turn to the owner’s boast that the goat had “unique qualities.”
However, even if the good goat could recite Shakespeare, it seems a bit extravagant to spend so much money on an animal, especially at a time when the money could have been used to help the millions of refugees in the region.
What do you think? Does spending 13 million SR on a goat seem excessive? Or is a really fine goat (to quote a credit card commercial) priceless?
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