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Red Tibetan Mastiff “Big Splash” Is World’s Most Expensive Dog (VIDEO)

If you thought Charlie Sheen was overpaid, meet the world’s most expensive dog. The 11-month-old red Tibetan Mastiff named Big Splash, or

Hong Dong

in China, was purchased by a coal baron in northern China for $1.5 million.

News of the purchase is trending as Big Splash supplants another Tibetan Mastiff named Yangzte River Number Two, purchased for $500,000 in 2009. The ancient breed from central Asia has recently become a status symbol, like sports cars and rare jewelry, among the Chinese elite. The dog’s breeder says he can now pay his staff for raising what he calls “the perfect specimen.”