What Can You Buy with $579 Million?

What Can You Buy with $579 Million?
Wednesday, November 28, 2012 - 10:43pm

Thousands of people lined up at convenience stores across the country today to purchase Powerball tickets. It El Paso, some store clerks say they were selling as many as a hundred tickets at a time. But what does $580 million get you?

-- The most expensive house in Texas, which according to the Business Insider is an estate in Dallas worth $29.5 million.

-- The most expensive car in the world: The 2012 Koenigsegg Agera at $1.7 million.

-- The most expensive piece of jewelry, the Graff Pink step-cut diamond, $46.2 million.

-- According to Forbes Magazine, the average price of a Major League Baseball club in 2011 was approximately $605 million, with more than half of the teams valued at less than $550 million.

-- High fliers might also be in the market for an NBA team-average value $393 million-with all but three of 30 teams valued at $500 million or less.

-- Compared to baseball and basketball, a National Hockey League team would be an ice-cold steal, with an average value of approximately $240 million, according to Forbes.

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