Thursday, March 20, 2014

World's Priciest Dog Sells for $2M

This is the highest price ever paid for a dog, and no wonder: A property developer in China shelled out $2 million for a Tibetan mastiff puppy. A second puppy of the same breed went for about $1 million.

The sale came at a "luxury pet" fair in Zhejiang, with the breeder boasting that these dogs have lion’s blood and are top-of-the-range mastiff studs.

 The gigantic furballs do bear a resemblance to lions, so much so that a zoo in China got caught trying to pass one off as such.

 But $2 million for a dog? Given that the money came from a developer, MarketWatch thinks it's further proof of a China property bubble.