An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffett at a steakhouse in New York City.
The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty. The winner can bring up to seven guests.
Buffett has raised $53 million for GLIDE since the auction began in 2000. The charity earned the philanthropist billionaire’s support when his first wife, Susie, introduced him to it after she started volunteering there. She died in 2004. This year’s event will be the first private lunch offered with the 91-year-old billionaire since the previous record-setting bid of $4.5 million by cryptocurrency entrepreneur Justin Sun in 2019. The past two auctions were called off due to COVID-19 concerns and Buffett has said this will be the last.
"It’s been nothing but good," Buffett said of the charity lunch in a news release. "I’ve met a lot of interesting people from all over the world. The one universal characteristic is that they feel the money is going to be put to very good uses." Like the winner this year, some other past winners have chosen to remain anonymous. One past winner, Ted Weschler, received a job offer from Buffett’s company after he spent nearly $5.3 million on two auctions in 2010 and 2011. Weschler now works as an investment manager for the Omaha, Nebraska conglomerate, Berkshire.
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Anonymous Bidder Shells Out Record $19M for Charity Lunch With Warren BuffettThe meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
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A crucial succession planning question at Berkshire Hathaway: Who will continue Warren Buffett’s annual charity lunch?OPINION: There will never be another Warren Buffett, but there are resemblances to him. Here are my candidates to continue the charity lunch tradition, writes Lawrence A. Cunningham, founder of the Quality Shareholders Group.
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Warren Buffett's final charity lunch draws record $19M bidOMAHA, Neb. (AP) — An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City. The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
Weiterlesen »
Anonymous Bidder Shells Out Record $19M for Charity Lunch With Warren BuffettThe meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
Weiterlesen »
Warren Buffett's final charity lunch draws record $19M bidOMAHA, Neb. (AP) — An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City. The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty.
Weiterlesen »
A crucial succession planning question at Berkshire Hathaway: Who will continue Warren Buffett’s annual charity lunch?OPINION: There will never be another Warren Buffett, but there are resemblances to him. Here are my candidates to continue the charity lunch tradition, writes Lawrence A. Cunningham, founder of the Quality Shareholders Group.
Weiterlesen »