A mystery man (or woman) will spend 19 million dollars for a lunch with Warren Buffett | world news
Talk about an expensive date: A mystery bidder will spend a record $19 million for the right to lunch with legendary American investment guru Warren Buffett.
The huge offer, announced by eBay, came during the 21st – and final – charity luncheon with the aging multi-billionaire, who is chairman and chief executive of Berkshire Hathaway.
Bidding on eBay’s website opened last Sunday at a modest $25,000. But it quickly rose as rival bidders tried to outdo each other, eventually ending Friday at a total of just over $19 million.
The auction – held annually, though canceled by Covid-19 concerns for the past two years – raises money for Glide, which is fighting poverty in San Francisco. It distributes food to the homeless and helps them find shelter, medical assistance and training.
San Francisco, a place of extreme income, has struggled for years with a large homeless population.
The still-unnamed winner of this year’s charity auction “not only made history, but will spend an unforgettable afternoon with American legend Warren Buffett over a private lunch with up to seven guests at the Smith & Wollensky Steakhouse in New York,” said an announcement posted by eBay.
The last pre-pandemic auction was won by Justin Sun, an American cryptocurrency entrepreneur, who spent $4.6 million on the right to dine with Buffett, an outspoken bitcoin critic.
The eBay statement quoted the 91-year-old Buffett – revered in the investment community as the “Oracle of Omaha” – as saying he had “met a lot of interesting people all over the world” at the auction.
“The one universal characteristic,” he added, “is that they feel the money is going to be put to very good use.”
Buffett’s net worth was estimated in March at $117 billion, according to Forbes.com.
He joined Bill and Malinda Gates to form a group of ultra-rich who swore to give away half their fortune. It is estimated that Buffett has already donated some $48 billion.