BLUEFIN TUNA NETS RECORD PRICE

record bluefin tunaIf you think sushi is expensive now, try shelling out three quarters of a million dollars for a single fish! A recent article posted on MSNBC.com reports that a 593-pound tuna sold for a record $736,000 in a Japanese fish market.

The bluefin tuna, caught off northeastern Japan, fetched 56.49 million yen, or about $736,000, in the first auction of the year at Tokyo's Tsukiji fish market.

This price beat last year's record of 32.49 million yen or about $416,000. The record tuna sold for $1,238 per pound — also a record.

According Bloomberg News, the average price during the past 15 years for bluefin tuna at the first auction of the year at the market was 11.8 million yen (about $153,000), citing the Tokyo Metropolitan Central Wholesale Market website.

The winning bidder operates the Sushi-Zanmai restaurant chain and said he wanted to give Japan a boost after last year's devastating earth quakes and tsunami.

The fish was divided into 10,000 pieces and sold off at ordinary prices.

The Japanese eat 80 percent of the Atlantic and Pacific bluefin tuna caught. However, tighter fishing rules have come into place as tuna stocks decline worldwide.