Warren Buffett lunch auction bids top $775,000 with 8 hours left
With fewer than nine hours left, an auction to have a fancy steakhouse lunch with Omaha billionaire Warren Buffett has received a top bid of $775,100 Friday.
The 14th charity auction closes at 7:30 p.m. Pacific time and raises money for Glide, a San Francisco anti-poverty nonprofit.
The auction got off to a strong start earlier this week, but as of Friday it’s still nowhere near the record $3.5 million one anonymous winner bid last year.
PHOTOS: Warren Buffett in the news
Buffett, however, may see some consolation in that his companionship is at least worth more than that of Apple Inc.’s chief executive, Tim Cook. A similar auction to have coffee with Cook was won for $610,000 in May.
The winning bidder in Buffett’s auction will be able to invite seven guests to dine at the Smith & Wollensky steakhouse in New York, where a filet mignon is priced at $40 a plate.
Earlier this week, a previous auction winner told Bloomberg News he believed this year’s auction would set a new record. After all, Buffett is now 82 and he expects there will be fewer opportunities in the future to break bread with the Oracle of Omaha.
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ricardo.lopez@latimes.com
