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Happy Buddha statue is made of resin and depicts Buddha in a standing position. The Buddha statue measures 6 inches wide and 3 inches high. The image of the Laughing Buddha is based on a wandering Chinese monk, Budai (Hotei, in Japanese) who lived centuries ago and is believed to be Maitreya, or the Buddha to come. The statue s plump figure and benign countenance suggest contentment, magnanimity and plenitude. Folklore has it that rubbing his pot belly brings good fortune and wealth.