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Chinese breeder sells 2 Tibetan mastiffs for US$3m
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A Chinese dog breeder said Thursday that a property developer paid him 18 million yuan (US$3 million) for Tibetan mastiff twins, highlighting how the breed has become a status symbol for China's rich.
The large, slobbery dog with massive amounts of hair was best-known for herding sheep in Tibet, but has now become a luxury for the ultra-rich who want to spread their wealth beyond stocks and real estate.
Breeder Zhang Gengyun said he sold the 1-year-old twin male dogs to a single buyer at a luxury dog fair Tuesday in wealthy Zhejiang province, located on China's east coast. The sales were reported by the local Qianjiang Evening News.
One of the twins — a golden-haired Tibetan mastiff — was sold for 12 million yuan, and his red-haired brother went for 6 million yuan.
Zhang said the buyer, from eastern Shandong province, paid him the 18 million yuan on his credit card.
Zhang denied the sale was a ploy by breeders to hype the price of Tibetan mastiffs and said he was reluctant to sell the twins. "It's a real deal," he said.
The more expensive golden-haired dog was 80 centimeters (31.5 inches) tall and weighed 90 kilograms (200 pounds).
"His hair is bright and he has a dead-drop gorgeous face," said the breeder. "Usually he's quiet and gentle, but when a stranger shows up, he could bark endlessly and bite."
Zhang said the unnamed buyer might start breeding Tibetan mastiffs himself.
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