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Monday, June 12, 2017

The tab for lunch with Warren Buffett: $2.7 million

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An anonymous bidder paid just shy of $2.7 million Friday to enjoy a power lunch with billionaire investor Warren Buffett.

The annual auction, which benefits Glide Foundation, a San Francisco charity, was held on eBay’s website. The winner could almost be said to have got a bargain, with this year’s top bid of $2.68 million is down from the $3.46 million bid that won last year’s auction and tied a record, according to Bloomberg.

In its 18th year, the annual auction for lunch with the chairman of Berkshire Hathaway Inc. (BRK) (BRK) has raised around $25 million for Glide, according to The Wall Street Journal. The charity provides meals, health care and other services to homeless and low-income people in San Francisco.

The winner can invite up to seven guests to join Buffett for lunch at New York steakhouse Smith & Wollensky

Source: MarketWatch 

 

The post The tab for lunch with Warren Buffett: $2.7 million appeared first on Compliancex.

June 12, 2017 at 10:17PM

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from The Compliance Exchange

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