

NEW YORK, June 9 (UPI) -- An anonymous bidder won lunch with billionaire investor Warren Buffett for a record $3,456,789, a charity that works to fight poverty said.
Glide, a charity based in San Francisco, said 10 active bidders kept the price of lunch with Buffett rising during an eBay auction that began Sunday. There were more than 110 inquiries before the bidding closed at 10:30 p.m. Friday.
"We are shouting, dancing, rejoicing and celebrating," the Rev. Cecil Williams, Glide's founder, said in a statement. "We have made history, thanks to Warren Buffett."
Last year's winning bid for lunch with Buffett, the chairman and chief executive officer of Berkshire Hathaway, was $2,626,411 by Ted Weschler, CNNMoney reported. Buffett hired the former managing partner of Peninsula Capital Advisors in September. Weschler had also dined with Buffett in 2010 after winning that auction.
This year's lunch will be at the Smith & Wollensky steakhouse in New York City.
|
|
|
|
|
|
| Additional Business News Stories | |
BEIRUT, Lebanon, May 22 (UPI) --
The seizure of Syrian oil fields by the al-Nusra Front could accelerate the breakup of Syria amid a reshaping of the Middle East's geopolitical landscape.
|
WELLINGTON, New Zealand, May 23 (UPI) --
New Zealand will boost its defense spending from $318 million last year to $583 million in fiscal 2013 thanks to a payback from austerity measures.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption