WORLD'S MOST EXPENSIVE DOG SOLD FOR MORE THAN $1.5 MILLION: A wealthy Chinese coal magnate has bought the world's most expensive dog, a rare red Tibetan Mastiff puppy for which he paid more than $1.5 million.

The 11-month-old dog named Hong Dong, which means "Big Splash" in Chinese, weighs more than 180 pounds, is nearly three feet high, and has red fur. The rare Tibetan Mastiff breed is believed to be one of the oldest and fiercest in the world, and, according to legend, both Genghis Khan and Buddha had them. They're rarely found outside China and Tibet, and are considered a state protected animal in China, where there are reportedly just 15,000 of them, mostly belonging to the rich.