There is more to the adorable laughing Buddha than meets the eye. His face bursts forth with the mirth of enlightenment. His rucksack contains the bare essentials of a Bodhisattva, which is not much, but He is supremely content. A string of prayer beads graces His ample neck. The laughing Buddha, who lived in Zhejiang during the rule of Later Liang, was reputed to be a Buddha of benevolent character and great with children. His iconography holds great significance in Vastu Shastra (get in touch with a Vastu expert regarding where to place this gem of a Buddha in your space), given His folkloric manifestation of abundance and contentment.
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