A 56-year old Chinese businessman on Tuesday bought a Tibetan Mastiff puppy for a staggering $2 million – the most money ever spent in buying a dog.
The ferocious Tibetan Mastiffs – popular among Chinese moneybags – normally sell at the low 6-figures. But over the years the lion-like dogs have become the ‘dog of the moment’ even though they have short life expectancy and are common in China.
‘It’s quite puzzling why they are fetching such a high price in China,’ Martha Feltenstein, president of the American Tibetan Mastiff Association, told AFP.
But the expensive dog’s breeder says his dogs are not that common. ‘They have lion’s blood and are top-of-the-range mastiff studs. Pure Tibetan mastiffs are very rare, just like our nationally treasured pandas, so the prices are so high,’ he told Qianjiang Evening News.