Wednesday, April 2, 2025

Truffle Treasure: Hong Kong Auction Sees Mushrooms Sell for Over $150,000

SCMP

A kilogram of truffles, often referred to as the diamonds of the earth, has sold for over $154,000 at a recent auction, drawing global attention.

According to the South China Morning Post (SCMP) on Monday, a 908-gram Alba white truffle from Italy was sold for $154,000 at the 25th annual Alba White Truffle Charity Gala Dinner auction held in Hong Kong the day before.

Bidders from across the globe, including cities such as Singapore, Vienna, Frankfurt, Bangkok, and Seoul, took part in the event, which raised a total of 3 million Hong Kong dollars (approximately $385,600).

In 2023, an Alba white truffle weighing 1.04 kilograms was sold to an anonymous bidder from Hong Kong for 1.1 million Hong Kong dollars (roughly $141,400).

The record for the highest price ever paid for a truffle was set in 2006 when a 1.5-kilogram white truffle was sold at auction for 1.25 million Hong Kong dollars (about $160,700).

In 2005, a 1.2-kilogram white truffle fetched 863,000 Hong Kong dollars (around $111,000).

The proceeds from this year’s auction will be donated to Mother’s Choice, a Hong Kong-based charity that supports vulnerable children and pregnant teenagers.

A spokesperson for the organization said, “This support helps us provide essential resources to children in need.”

Hot this week

17-Year-Old Discovers Shocking Truth About Her Identity After Missing Periods

A 17-year-old girl discovered she had male chromosomes after not menstruating, diagnosed with Complete Androgen Insensitivity Syndrome (CAIS).

Samsung’s Exynos Is Back: Galaxy S26 to Feature New 2nm Chip

Samsung will reintroduce the Exynos 2600 processor in the Galaxy S26, promising improved performance and efficiency.

Le Pen’s Political Future in Jeopardy After Court Ruling in EU Fund Scandal

Marine Le Pen sentenced to house arrest for misusing EU funds, barring her from public office for five years. Appeals may delay 2027 run.

Intel’s New CEO Says It’s All About the Customers—and Cutting-Edge Chips

Intel's CEO Lip-Bu Tan emphasizes customer focus, innovative solutions, and a software-driven design approach at Intel Vision conference.

Record-Breaking Gold Prices as U.S. Tariff Fears Fuel Safe-Haven Rush

Gold prices soared to a record high amid looming tariffs by the Trump, signaling investor uncertainty and demand for safe assets.

Topics

17-Year-Old Discovers Shocking Truth About Her Identity After Missing Periods

A 17-year-old girl discovered she had male chromosomes after not menstruating, diagnosed with Complete Androgen Insensitivity Syndrome (CAIS).

Samsung’s Exynos Is Back: Galaxy S26 to Feature New 2nm Chip

Samsung will reintroduce the Exynos 2600 processor in the Galaxy S26, promising improved performance and efficiency.

Le Pen’s Political Future in Jeopardy After Court Ruling in EU Fund Scandal

Marine Le Pen sentenced to house arrest for misusing EU funds, barring her from public office for five years. Appeals may delay 2027 run.

Intel’s New CEO Says It’s All About the Customers—and Cutting-Edge Chips

Intel's CEO Lip-Bu Tan emphasizes customer focus, innovative solutions, and a software-driven design approach at Intel Vision conference.

Record-Breaking Gold Prices as U.S. Tariff Fears Fuel Safe-Haven Rush

Gold prices soared to a record high amid looming tariffs by the Trump, signaling investor uncertainty and demand for safe assets.

Trump Says He Has a ‘Fantastic’ Relationship with North Korea’s Kim Jong UN

Trump emphasizes his strong ties with Kim Jong Un, acknowledging North Korea as a nuclear power and expressing hopes for future relations.

Elon Musk Blames Tesla’s Stock Plunge on His Political Moves

Elon Musk blames his political actions for Tesla's stock decline, which has dropped over 45% since its peak, affecting his wealth.

Tesla’s Troubles: Musk Admits Leadership of DOGE is Impacting Stock

Musk admits his government role has harmed Tesla's stock, which has dropped significantly amid challenges and external pressures.

Related Articles