Tibetan mastiff sells for $1.9M in China

Tibetan mastiff is a status symbol for the newly wealthy in China, fetching prices upwards of a million dollars.
By Danielle Haynes Follow @DanielleHaynes1 Contact the Author   |   March 19, 2014 at 8:54 PM

A wealthy businessman in China purchased a Tibetan mastiff puppy at a luxury pets fair for a whopping $1.9 million.

“They have lion’s blood and are top-of-the-range mastiff studs,” said Zhang Gengyun, the dog's breeder. “Pure Tibetan mastiffs are very rare, just like our nationally treasured pandas, so the prices are so high."
Tibetan mastiffs are known for their round manes giving them a lion-like look, and are descendants of hunting dogs used by nomadic tribes in Asia.

The dogs are large and can be ferocious and fiercely loyal, the New York Post reported.

The pup the unnamed businessman purchased was 31 inches tall and about 200 pounds.

The dog is a popular breed for the newly wealthy in China, a status symbol move that has driven their prices up. One sold for $1.5 million in 2011 and there are reports another fetched $4.3 million last year.

An industry insider it's often the case that breeders drive the prices up on these transactions to boost the dogs worth, but that actually money never exchanges hands.

[New York Post]

Related UPI Stories
Latest Headlines
Trending News
Rome police warn man for cruising river in converted Maserati
'Maxi Pad Bandit' suspect arrested in California
Police: Dog rescued after driving owner's pickup into lake
Police: Drunk man blamed injuries on hippo attack
Referee pulls a gun during dispute at soccer game in Brazil