Laughing Buddha is considered to be good luck charm for wealth and wisdom as per Feng-Shui Laughing Buddha is believed to bring good luck, contentment and abundance in one's life. It depicts plenitude of whatever one wishes for be it wealth, happiness or satisfaction. Usually depicted as a stout, laughing bald man with an overtly exposed pot-belly stomach, laughing Buddha or celestial Buddha is better known as Hotei or Pu-Tai. It is said that his appearance comes from a Buddhist Zen monk who lived over 1000 years ago. His protruding stomach and jolly smile earned him this name. Though, a symbol from Feng Shui, however, laughing Buddha is believed by many to hold a lot of significance in our lives.