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This tree has emeralds, gold, sapphires and diamonds on it. The most expensive "ornament" on it is a diamond necklace worth around $1 million. The least expensive items on it are worth a mere $10,000. (You can view a video of it here.) The insurance on the items had to be negotiated and the eventual premium came to 50,000 dirhams or around $15,000.
Lest people become cynical, this is all being done for a good cause: to get into the Guiness Book of World Records as the world's most expensive Christmas tree. This tree breaks the record held by Japan at $10.8 million. Go Abu Dhabi!
I just want to note that over the past couple of weeks, the Emirates Palace has taken a lot of flack for this tree. Even though I added a few friendly jibes to this, I want to go on the record as saying that I don't think they did anything wrong.
ReplyDeleteWith regards to criticisms about the money spent, they didn't actually spend $11 million. The jewelry was on loan from the jewelry store in the hotel. It was merely a creative way of displaying jewelry that was for sale.
As for a predominantly non-Christian country having such an opulent Christmas tree, keep in mind the previous record was held by a department store in Japan, a predominantly non-Christian country.
Believe me, if you want to criticize Abu Dhabi or the UAE, there are much more worthy targets than this.