Expensive truffles are notoriously pricey because they are difficult to cultivate. This makes them a true delicacy that some have called the king of all fungi. White truffles are more expensive than black truffles, but what are the most expensive truffles in the world?
The Associate Press reported in 2006 that Hong Kong real estate investor Sir Gordon Wu and his wife paid €125,000 (US $160,787) at an annual truffle auction in Grizane, Italy, for a gigantic Italian White Alba truffle, reportedly the most expensive ever. This pricey truffle weighed in at 1.51 kilograms (3.3 lbs).
In 2007, the record was beaten by a truffle weighing 3.3 lbs. Casino tycoon Stanley Ho purchased the white truffle, hailing from Tuscany, for US $330,000 at an annual auction in Hong Kong.
In fact, Ho won the auction again in 2010 and even beat the previous record—pound for pound, at least. The latest auction was for two truffles weighing just under 3 lbs total. Once again, Ho paid $330,000 for the fungal delicacy.
With the current popularity of culinary television shows like Iron Chef, expensive truffles are being exposed to a wider audience than ever before. Who knows how much the price for a kilo of truffles will cost in the near future?