$16 million worth of ‘dog assets’
The rich folks who like their pets have been known to splurge on their canines, and some go to the extent of collecting them for their sheer novelty value. One such testimony is Mr. Kenneth K.H.Lai, whose brood of 7 Tibetan Mastiff pups are said to be worth a whopping $16 million!
Entrepreneur and animal lover Mr. Lai, who is known as perhaps the owner of the world’s largest collection of rare breed dogs, takes generous pride in his brood. He feels that one can own all sorts of exclusive luxury items, but none can beat the pride of owning these loving canines. To keep them safe and secure, a 5300 sq. meter mansion with tight security has been built for them. The kennel within this mansion has exclusive rooms for each of these pups, who live under the air-conditioned temperatures around the clock. Due to the sensitivity of these dogs toward the natural conditions, the temperature control is maintained at all times. A matter of novelty and pride, a total of 50,000 Malay Ringit ($16,612) is spent on them each month to keep them well groomed, along with the permanent residency of a vet within the mansion, who attends to their every need.
If one wonders over the reason for the exclusivity of these pups, they could note they are from the same breed as the World’s Most Expensive dog, which was sold for a whopping £1 million ($1.622 million) to a Chinese Coal baron earlier this year. Also, during the earthquake in Tibet in 2010, a vast majority of them wouldn’t survive, and this disaster had dwindled the breeds’ population severely. Historically, they have been known to be the guide dogs of royals like Queen Elizabeth of the United Kingdom, and warlord Genghis Khan of Mongolia, who used them on their expeditions on foreign lands.
Via: Asia One