Auction for 13% of World’s White Rhinos to Start at $10 Million
- Platinum Rhino project owner John Hume is selling his ranch
- Ranch has 2,000 rhinos out of global population of 16,000
De-horned rhinos at John Hume's Rhino Ranch near Klerksdorp, South Africa.
Photographer: Mujahid Safodien/AFP/Getty Images
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An auction for a ranch together with the world’s biggest concentration of white rhinos will be held next month with a reserve price of $10 million.
The cost, excluding the land, equipment and some other animals at the ranch, equates to about $5,000 a rhino as there are around 2,000 of the endangered pachyderms at the Platinum Rhino project near Klerksdorp, southwest of Johannesburg in South Africa. One in every eight white rhinos globally lives on the ranch where owner, John Hume, has been breeding them.