African Buffalo Worth $11.1 Million

Today in extremely bizarre news, a business man bought a 25 percent stake in a prized African buffalo for 44 million rand, or $2.8 million.

African Buffalo Worth $11.1 Million

That would make the African buffalo the most expensive in the world with a value of $11.1 million.

According to Bloomberg Business, this particular buffalo caught a South African businessman’s eye because it is the country’s biggest horned, disease-free buffalo. Apparently, those two things make it the most coveted buffalo ever.

Also apparently, owning the buffalo, named Horizon, means owning “the best genes in the world.”

Horizon’s four owners…have the right to provide him with ten buffalo cows each year and keep the offspring…Breeders in South Africa, the biggest market for such animals, are willing to pay record prices for the genes of buffaloes they believe can increase their herd’s horn span, which is desirable to hunters,” Bloomberg Business said.

Horizon’s sale bucks the recent trend for wild animal prices in South Africa. Average buffalo prices, including females, dropped 30 percent to 334,879 rand in 2018, according to data compiled by South Africa’s North West University. Prices of sable and roan, both types of antelope, dropped 35 percent and 39 percent respectively.”