‘Why I paid R5 million for a pigeon’

The Money Show's Bruce Whitfield interviews the man who outbid a Chinese syndicate to buy the most expensive racing pigeon ever.

It’s one of the best investments I’ve ever made.

Mark Kitchenbrand

We want to win at any price.

Mark Kitchenbrand

This pigeon will be kept in a breeding pen where he will breed for the rest of his life.

Mark Kitchenbrand

Two South Africans paid R5 million for a Belgian racing pigeon, an all-time record.

Mark Kitchenbrand and Samuel Mbiza outbid a Chinese syndicate to become the new owners of “Golden Prince”; described as “one of the best long distance pigeons ever”.

The Money Show’s Bruce Whitfield interviewed Kitchenbrand.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

In 2011 we won a $1 million race.

Mark Kitchenbrand

That bird will be breeding and that offspring will be available worldwide for sale.

Mark Kitchenbrand

There is a whole crew of vets looking at the bird fulltime.

Mark Kitchenbrand

This pigeon is a Usain Bolt!

Mark Kitchenbrand

In China about 10 million people are racing pigeons every weekend.

Mark Kitchenbrand

It was a bloody nose for them [the Chinese syndicate]!

Mark Kitchenbrand

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Article brought to us by Old Mutual.

This article first appeared on 702 : ‘Why I paid R5 million for a pigeon’