Warren Buffett charity lunch fetches record $4.57 million winning bid
June 4, 2019

From Reuters:

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.

Continue reading at Reuters...

You may also like

The biggest things people waste their money on

"Big houses are a waste. People are still in a mode of thinking about houses that is kind of 19th century. As we modernize, we don’t need all this space..."

Stretching money through retirement is a global problem

"One of the toughest problems retirees face is making sure their money lasts as long as they do."

College is still worth it

"This steep increase in the cost of college has once again raised questions about whether college is 'worth it'..."