This Is Why a Japanese Restaurateur Paid $118K for One Bluefin Tuna
It’s a lot for just one bluefin to live up to, but Kiyoshi Kimura loves his tuna.
The Tokyo restaurateur plunked down $118,000 at the city’s fabled Tsukiji Fish Market for an approximately 440-pound tuna early Tuesday. (That puts the price per pound at a hair above $265.)
But that’s not a realistic assessment of the fish’s value: In Japan, “Foods made available for the first time during the year, including tuna, fruits and vegetables, [are] considered good luck” and “often fetch considerably more at auction than their market value,” according to the Wall Street Journal.
What’s more, Kimura has a history of doing this sort of thing. Last year, he paid a fairly scant $37,500 for a 400-pound tuna, but in 2013, he dropped a record-breaking $1.76 million for a 488-pound bluefin. (Or $3,606.56/lb.)
Another reason for the high price jump between 2015 and 2016: This year is the last auction at Tsukiji’s current location. The famed site relocates in November to a much larger complex further south in the Toyosu district.
— Alex Heigl, @alex_heigl