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Business

Warren Buffett’s latest charity lunch sets an eBay record




Warren Buffett saved the best and biggest in the end when the auction for lunch with the billionaire set a record.

One person bid more than $ 19 million to dine with ‘Oracle of Omaha’ on the 21st and final time the businessman auctioned off a private lunch for a charity in San Francisco.

The winning bidder could not be immediately identified.

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An eBay spokeswoman said the lunch was the most expensive item ever sold on the company̵[ads1]7;s website for charity.

Warren Buffett’s latest charity lunch sets an eBay record

Berkshire Hathaway boss Warren Buffett (Daniel Zuchnik / WireImage / Getty Images)

The winning bid in the eBay auction that ended Friday night far topped the previous record of $ 4.57 million, paid in 2019 by cryptocurrency founder Justin Sun.

WARREN BUFFETTS GUIDANCE LUNCH COMES BACK, BUT FOR THE LAST TIME

The auction proceeds go to Glide, a non-profit organization in San Francisco that helps the poor, the homeless, or those struggling with substance abuse.

Buffett, 91, chairman and CEO of Berkshire Hathaway has held 21 of the auctions, raising more than $ 53.2 million for the charity.

Smith & Wollenks

A general view of the Smith & Wollensky steak and chops restaurant in New York City. (Photo: Ben Hider / Getty Images) ((Photo by Ben Hider / Getty Images) / Getty Images)

The COVID-19 pandemic prevented lunches from being held in 2020 and 2021.

BUFFETTS BERKSHIRE HATHAWAY BUYS EVEN MORE OCCIDENTAL SHARES

This year’s winner and up to seven guests will dine with Buffett at the Smith & Wollensky steakhouse in Manhattan.

It is said that during these lunches Buffett will talk about anything but where he will invest next time.

Ticker Safety Last Change Change%
BRK.A BERKSHIRE HATHAWAY INC. 403 150.00 -821.00 -0.20%

Previous winners of the auction are hedge fund managers David Einhorn and Ted Weschler.

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Weschler became a portfolio manager in Berkshire. He paid a total of $ 5.25 million to win the 2010 and 2011 auctions.

Reuters contributed to this report.



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