Culture / Auctions

Warren Buffett auctioning off another lunch

As happens every year, lunch with Warren Buffett is being auctioned off on eBay with the proceeds going to charity. Last year Salida Capital Corp, a Toronto-based wealth management firm, won the right to dine with the world’s third-richest person with a $1,680,300 bid. That was below the record $2,110,100 bid in 2008 by Hong […]

Jun 08, 2010 | By Anakin

As happens every year, lunch with Warren Buffett is being auctioned off on eBay with the proceeds going to charity.

Last year Salida Capital Corp, a Toronto-based wealth management firm, won the right to dine with the world’s third-richest person with a $1,680,300 bid.

That was below the record $2,110,100 bid in 2008 by Hong Kong-based investor Zhao Danyang.

The auction started Sunday night and will continue until the end of this week.

Advertisements

The date of the lunch will be determined later, once the winner is known and agrees with Buffett on a time.

The winner and up to seven others will dine with Buffett at the Smith & Wollensky steakhouse in New York.

The proceeds from the auction would go to Glide Foundation, an institution that works to alleviate human suffering and poverty in the San Francisco Bay Area.

Buffett is the world’s third-richest person, worth $47 billion according to Forbes magazine.

He built his fortune through his Omaha, Nebraska-based insurance and investment company Berkshire Hathaway Inc.


 
Back to top