Chinese Property Developer Buys Puppy For $2 Million

Amy Tokic
by Amy Tokic

For most of us, bringing home a new dog entails a visit to our local shelter. But for one man, with obviously too much money to burn, it means dropping a cool $2 million on a golden Tibetan Mastiff puppy.

An unnamed 56-year-old Chinese property developer reportedly paid 12 million yuan, (about $1.9 million) for a one-year-old, 90-pound dog at a luxury pet fair in Zhejiang, China over the weekend. This breaks the old record set in 2011, when a red-maned Tibetan Mastiff sold for $1.5 million.

Now, you may ask yourself, what kind of tricks does a $2 million puppy do? It must speak at least three different languages, be able to prepare delectable dishes from around the world and charm guests with his witty and urbane stories from his jet-setting jaunts around the world. Nope. He’s just a really cute puppy. Granted, the golden-haired Tibetan Mastiff puppy is a rare breed known for its lion-like hair and stature (it is said to be a descendant of the lion) and is a status symbol in China.

Although this does seem like a huge waste of money for a “status symbol” (albeit a super cute one, the businessman will be using this Tibetan Mastiff to breed, which can earn him up to $16,000 in “stud fees.”

Amy Tokic
Amy Tokic

Amy Tokic, Editor of, is a passionate animal lover and proud pet parent of Oscar, a Shih Tzu/Chihuahua cross, and Zed, a Japanese Chin. Her love of animals began in kindergarten, when she brought her stuffed dog Snoopy into class with her every day. Now, she writes about her adventures in pet ownership and tirelessly researches products, news and health related issues she can share with other animal enthusiasts. In her free time, Amy loves perusing used book and record stores, obsessing over the latest pet products available and chasing squirrels with wild abandon (a habit attributed to spending too much time with her pooches).

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