A record-breaking $19 million was paid by an unnamed bidder for a private lunch with billionaire Warren Buffet in a New York City steakhouse.
OMAHA, Nebraska A record-breaking $19 million was paid by an unnamed bidder for a private lunch with billionaire Warren Buffet in a New York City steakhouse.
The meal with the CEO of Berkshire Hathaway was put up for auction on eBay to support the San Francisco-based organization GLIDE, which aids the poor and homeless. The victor may invite as many as seven guests.
Buffett started the auction in 2000 and has already raised $53 million for GLIDE. The philanthropic billionaire’s first wife, Susie, introduced him to the organization after she began volunteering there, earning his support. 2004 saw her death.
The 91-year-old billionaire will not be available for a private lunch again until this year’s event, which will break the previous record set by cryptocurrency entrepreneur Justin Sun in 2019 with a $4.5 million bet. Due to COVID-19 issues, the last two auctions were postponed, and Buffett has stated that this will be the final one.
In a news release, Buffett remarked of the charity lunch, “It’s been nothing but terrific.” I have made many interesting new friends from all around the world. They all share the same trait: they believe the money will be used for extremely beneficial purposes.
Some previous winners, like the one this year, have opted to maintain their anonymity. One previous winner, Ted Weschler, who spent approximately $5.3 million on two auctions in 2010 and 2011, received a job offer from Buffett’s business. Weschler is currently employed by Omaha, Nebraska-based conglomerate Berkshire as an investment manager.
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