11. Imperial Palace in Tokyo
Location: Japan’s Tokyo
* Total Expensed: $852 billion;
Year Completed: 1968
Since the 1800s, the Tokyo Imperial Palace in Tokyo, Japan, has served as the primary residence for Japanese emperors. Northwestern University estimates that, after accounting for inflation, the Tokyo Imperial Palace itself costs about $852.5 billion. That is an enormous sum of money for only one building.
Tokyo Imperial Palace ©Shutterstock/Dr. Flash
This cost soars into the trillions if you use the Ginza office space as a point of comparison. The Palace once had a value greater than all of California’s real estate put together during the 1980s Japanese real estate boom. Every year, thousands of people come to this palace to view its breathtaking lawns, gardens, and architecture.
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