The Red Tibetan Mastiff is the most expensive dog breed in the world. One Chinese businessman parted with $2million just to have one. That is probably the most any person has parted with just to buy a pet.
A Chinese Status Symbol
The Red Tibetan Mastiff’s high price dates back to a time when the breed was considered a pet for the wealthy. It was a canine Mercedes, so to speak, and if you could afford it, the message was that you had a bulging wallet.
Why is the Tibetan Mastiff expensive?
There is nothing inherently special about the dog. It is more a case of rarity than anything else. It’s like diamonds, which conspiracy theorists say have been made artificially rare to keep the price up.
Large size and Lionesque mane
The Red Tibetan Mastiff is loved for its lion-like mane and huge size, but those are about the only unique attributes it has. The rest is probably just a case of controlled scarcity.
How much does the Red Tibetan Mastiff go for?
By far the largest amount of cash coughed up for a dog, or any pet at all, is $2million dollars. In 2014, a rich Chinese businessman bought a Red Tibetan Matsiff for that much. This was at a luxry pet fair in China, as reported by Qianjiang Evening News.
The ordinary Tibetan Mastiff is more affordable
The ordinary Tibetan Mastiff is way more affordable than the red type. Breeders have actually tipped the demand-supply balance, with enough animals to bring the price down to $2000. In some cases, you can get the dog for far much less.