After less than two days, bidding for lunch with Warren Buffett has blown past the $610,000 someone paid in a charity auction last month for coffee with Apple CEO Tim Cook. The top bid for a steak lunch with Buffett is now just above $700,000 and will almost certainly go much higher before the 14th annual "Power Lunch" auction ends Friday night at 10:30 p.m. ET.
NEW YORK (Reuters) - A bidder is offering to pay $1,500,100 for a steak lunch with the billionaire investor Warren Buffett, driving the top bid more than $500,000 higher in seven minutes as the annual charity auction on eBay Inc's website heads into the homestretch.
Not much is said about the folks who work at Berkshire Hathaway's corporate offices. But Warren Buffett is changing that. At the closing of his annual letter to shareholders, he includes this message and photo:
(Reuters) - A typical lunch at a high-end Manhattan steakhouse for nine people might run $1,000 or so, but when Warren Buffett is the guest of honor the price can rise to $3.46 million. That is how much an as-yet unknown bidder paid in the annual online charity auction for the right to lunch with the "Oracle of Omaha" and seven friends at the Smith & Wollensky steakhouse in Manhattan. The proceeds were up compared to last year, when fund manager Ted Weschler bid $2.63 million to have lunch with Buffett. ...