$2.2-Million Charity Bid Wins This Year’s Lunch With Buffett
June 9, 2014 | Read Time: 1 minute
A Singaporean man paid nearly $2.17-million Friday to earn a lunch date with Warren Buffett in the billionaire investor and philanthropist’s annual eBay auction to benefit San Francisco charity Glide, reports The Wall Street Journal.
The top bid marks a rebound for the auction, instituted by Mr. Buffett in 2000. After 2012’s winner paid a record $3.46-million to dine with up to seven friends and Mr. Buffett at a New York steakhouse, the bidding slumped last year to just over $1-million.
A spokeswoman for Glide, which works San Francisco’s poor and homeless, identified the high bidder as Andy Chua. The auction has now raised more than $17-million over the years for the charity, with which Mr. Buffett’s first wife, Susan Buffett, was active until her death in 2004.
