Rich people are getting bored. This buffalo just fetched over $11 million in S Africa.
“It was a unique opportunity to own the best genes in the world,” said Hendrik de Kock, a marketer at Wildswinkel (Pty) Ltd., which ran the auction.
Horizon’s four owners, including Bellingham, have the right to provide him with ten buffalo cows each year and keep the offspring, De Kock said. 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.
The industry has attracted wealthy investors such as Rupert, who controls jewelry maker Richemont, the maker of Cartier watches. South African Deputy President Cyril Ramaphosa and Norman Adami, the former chairman of SABMiller Plc’s local unit, have also made investments in the animals.
Interesting concept, buying to best genes and all. I can’t wait until this investment theme spills over into humans. Could you imagine how much the rights to S Jobs’ DNA would fetch for, if a fucking 55 inch horned Buffalo took in $11 mill?
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They paid money to breed buffalo with bigger horns, so people would find them more attractive to KILL?