How much would you realistically pay for an endangered 440-pound bluefin tuna? Probably not $117, 283, right?
However, that’s exactly what the president of a sushi restaurant chain in Japan paid earlier this year at the first annual Tsukiji Fish Market in Tokyo. Kiyoshi Kimora won the bid for this endangered fish for the fifth year in a row.
The first auctions of the year in Japan “often fetch higher prices than normal…because the event is considered auspicious for business.” If that is the case, then Mr. Kimora has had an excellent five-year run, coming out on top each year.
In 2015, he paid about the equivalent of $37,000 for an endangered bluefin tuna, which is a great deal more than he paid in 2016. However, in 2013, he broke records by offering up $1.3 million in U.S. dollars for the auction. He has, in effect, earned a reputation as a serious force to be reckoned with on this famous fish market block.
This year, the 440-pound bluefin tuna was caught near northern Japan. However, environmentalists and conservationists alike have their ears to the water, keeping a close eye on the bluefin tuna species as they warn that soon, it will be extinct entirely. There is a call for a ban on the trading of the fish specifically.
What do you think of this purchase? Ludicrous, or not that far-fetched for the owner of a sushi chain?