An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc.
The winning bid, which was submitted during a five-day online auction on eBay that ended Friday night, was nearly one-third higher than the previous record $3,456,789 bids in both the 2012 and 2016 auctions.
Proceeds benefit the Glide Foundation, a charity in San Francisco's Tenderloin district that serves the poor, homeless or those battling substance abuse.
Buffett, 88, has raised about $34.2 million for Glide in 20 annual auctions, which began in 2000 and moved to eBay in 2003. His first wife Susan, who died in 2004, introduced him to Glide after volunteering for the charity.