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World's most expensive dog: Tibetan Mastiff sold for $1.5 million

Tibetan Mastiff puppy
A male Tibetan Mastiff puppy has created a stir in the dog breeding world and gained the title of the world's most expensive dog after being sold in China for a record 10 million yuan ($1.5 million).
Qingdao - The 11-month-old Tibetan Mastiff male puppy named 'Big Splash' and 'Hong Dong' is red in color, a rarity in the breed. He was purchased by a Chinese coal baron who will reportedly use him for breeding, earning as much as $100,000 yuan in stud fees for each female bred to the pricey pooch.
Big Splash took the coveted title of most expensive dog from another Tibetan Mastiff pup that was sold last year for $600,000, as reported by Digital Journal.
"The Tibetan Mastiff, also known as Do-khyi , meaning 'home guard' has been used for centuries to guard herds of domesticated farm animals, villages, monasteries, palaces and private homes," according to Wikipedia. The males can grow to heights of 31 inches tall and can weigh as much as 275lbs.
The dog is considered a primitive breed with a temperament that can vary from one dog to another. They are considered to be both 'noble and impressive animals', said the AKC.
"According to legend, both Genghis Khan and Buddha had them, and they are known to be great guard dogs. They are rarely found outside Tibet and China, making them an especially exclusive breed. In China, they are considered a state protected animal, and there are reportedly just 15,000 in the country, most belonging to the wealthy," reports Yahoo's The Week.
"Tibetan mastiffs are status symbols in China and Tibetans believe they are the reincarnated souls of monks not good enough to be reincarnated as people or enter the heavenly realm," said an AOL blogger.
So what does a massive-sized Tibetan Mastiff eat, you might wonder?
"Big Splash enjoys a diet of chicken and beef, with occasional delicacies like sea cucumber and abalone. The breeder says he spends more than $5,000 a month maintaining his five prized beasts," according to The Week.

2 comments

#1Mar 16, 2011 ChrisLee
Initial Cost : 10 million yuan ($1.5 million).
Return : -"earning as much as $100,000 yuan in stud fees "- ok, let's average that to say 75,000 yuan per "servicing" (That's over $11,000 for those interested) Ha! wish I got paid that much for MY "Services" !!!
Production Period: from http://wiki.answers.com/Q/What_is_the_average_life_span_of_a_dog -- the average life of a dog seems to be about 11 years, subtract one year for a well earned retirement makes it 10 years and as he's 11 months old now then subtract a even 12 months from that, so 9 years of productive life "servicing" his lady friends.
Upkeep : -"spends more than $5,000 a month maintaining his five prized beasts"- means for one dog = $1,000 (6,666 yuan) per month ($1 = 6.66 yuan) and with 10 years (including retirement) means at least 800,000 yuan in upkeep...
Total projected investment so far : 10,800,000 yuan.
Return on investment : To breakeven on his cost. most entrepenures want at least 300% return on their investment so that now becomes 43,200,000 yuan that this shaggy dog has to make up for in "Services". Sigh, starting to sound like a shaggy dog story!
Finally : At his fee for "services" that means 576 lady dogs passing through his life !!! and I presume if it "isn't effective" then a repeat performance will be required.... Remember this is all within 9 years (576/9 = 64) so its more than one effective shag -opps servicing per week !!!
Summary: It's definitly a DOGS LIFE !!! that reincarnated monk sure is paying for not being good enough the first time round. Make me tired just thinking of all that shagging - err - servicing...
#2Mar 17, 2011 ChrisLee
I'm living a depraved life NOW, I just don't get paid for it...
Bugger, forgot depreciation, but then I'm an analyst not an accountant..
Cheers mate, I got to head off to the Gym now and get the shiite beated out of me... have a good night,, errr evening, morning whatever is coming in your time zone....

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