The Laughing Buddha
Budai is a Chinese folklore deity. His name means "Cloth Sack," and comes from the bag that he carries. He is almost always shown smiling or laughing hence his nickname in Chinese, the Laughing Buddha. In English speaking countries, he is popularly known also as the Fat Buddha.
Budai is often depicted as having the appearance of an amply proportioned bald man wearing a robe and wearing or otherwise carrying prayer beads. He carries his few possessions in a cloth sack, being poor but content.
His figure appears throughout Chinese culture as a representation of contentment. His image graces many temples, restaurants, amulets, and businesses
The "Laughing Buddha" or "Happy Buddha"
in Chinatown, Bangkok.
Among Westerners, new to Buddhism, Budai is often confused with the historical Buddha, Siddhartha Gautama. However, the two are visually very distinct. Gautama is commonly depicted as being tall and slender in appearance (although since no images of him from his lifetime exist, this depiction of him is unverifiable and possibly idealized); Budai is short and overweight.
According to Chinese tradition, Budai was an eccentric Chinese Zen (Chán) monk who lived during the Later Liang Dynasty (907–923 CE) of China. He was a native of Fenghua, and his Buddhist name was Qieci (literally "Promise this"). He was considered a man of good and loving character.
Although primarily a folkloric figure, he has been incorporated into a number of Buddhist and Taoist folklore tradition.