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Tibetan mastiff: Massive dog sells for nearly $2 million at pet fair (VIDEO)

A Tibetan mastiff was sold in China for about two million dollars, which makes it one of the most expensive dogs in the world, said the Chinese press Wednesday. The proud new owner of the very expensive animal is said to be a wealthy real estate developer, AFP reported via Yahoo! News on March 19.

Reportedly, the man paid 12 million yuan ($1.9 million) to acquire the one-year-old dog. The Tibetan Mastiff has become fashionable among people with high purchasing power and has become a status symbol, which has skyrocketed its price over the past few years.

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Yahoo reports that the dog was quite a specimen. It was a reported 80 centimetres (31 inches) tall and weighed nearly 200 pounds.

The Tibetan mastiff is an ancient working breed of the nomad herders of the Himalaya and a traditional guardian of the Tibetan monasteries. It is surrounded by great mysticism since it was discovered. From its mention by Aristotle to the famous writings of Marco Polo, who went to Asia in 1271, all historical reports praise its natural strength and grandeur, both physically and mentally. Even its bark has been described as unique and it is a highly treasured feature of the breed.