Albino Elephant

The white elephant is considered to belong to the god Indra. The name of the elephant is Airavata and it is a flying elephant. Airavata is made the King of all elephants by Lord Indra.
Thailand
In Thailand, white elephants (ช้างเผือก, chang phueak)(also known as Pink Elephants) are sacred and a symbol of royal power; all those discovered are presented to the king (usually this is ceremonial — they are not taken into captivity) and the more white elephants the king has, the greater his standing. The current king Bhumibol Adulyadej owns ten — considered a great achievement, and probably due to modern communications.