Advertisement

Charity lunch with Warren Buffett sells for just over $1 million

A private lunch with billionaire Warren Buffett was auctioned for more than $1 million Friday night.
(NICHOLAS KAMM / AFP/Getty Images)
Share

A private lunch with Warren Buffett that benefits a charity was sold Friday on Ebay for $1,000,010.

The anonymous bidder will be able to take seven of his or her friends with them to a steakhouse lunch in New York City for a private meal with Buffett, the billionaire investor known as the “Oracle of Omaha.”

All the proceeds for the lunch will go to the Glide Foundation, a San Francisco anti-poverty nonprofit group. For the past 14 years, Buffett has participated in the “Power Lunch” auction to benefit Glide, and over that time, he has helped raise nearly $15 million for the organization.

Advertisement

PHOTOS: Warren Buffett in the news

However, the winning bid this year was far less than what Buffett helped raise last year. In 2012, the lunch with Buffett went for nearly $3.5 million, the largest bid ever.

Regardless, the meal with Buffett was still nearly twice as much as what a private coffee with Apple CEO Tim Cook sold for last month. That date, which would be hosted at the company’s headquarters, sold for $610,000 and benefited the Robert F. Kennedy Center for Justice & Human Rights.

ALSO:

Passenger fees take off in Europe

Saudi prince sues Forbes over his rank on billionaires list

Advertisement

105 million hours of digital activities lost to FAA ban, study says

Advertisement