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?