For the amount that Facebook just spent on Instagram, Mark Zuckerberg could've paid for the cure to Lou Gehrig's disease, ramped up New York City's 911 system, or ... purchased the Solo Cup company. We know because we checked.

Here's a quick rundown of what $1 billion can buy you (or Zuckerberg):

  • The entire New York Times, says Reuters' Jack Shafer
  • The cure for Lou Gehrig's disease

That said, there are some things $1 billion can't buy you... like  a chain of 99-cent stores.  So take that, Zuckerberg.