Tibetan Mastiff Sold For Record $1.5 Million

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A Chinese multimillionaire paid $1.5 million for the dog. The Tibetin mastiff is 11 months old and 180 pounds. This pup's not just a status symbol — some believe mastiffs have the souls of departed Tibetan monks.

LINDA WERTHEIMER, host:

Good morning. I'm Linda Wertheimer.

Even in these tough times there's a market for status goods, like a puppy that just sold for $1.5 million. A Chinese multimillionaire paid the record amount for the dog - a Tibetan mastiff. The dog's called Hong Dong. He's 11 months old, 180 pounds. He's not just a status symbol - some believe mastiffs have the souls of departed Tibetan monks.

It's MORNING EDITION.

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