Categories: BusinessNewsWorld

Man Pays $2.68m for Dinner with Buffet, 2nd World’s Richest

An anonymous bidder pledged $2.68 million to a charity in exchange for lunch with billionaire investor Warren Buffett, world’ s second richest man.

It was the highest among 41 bids in a five-day auction on eBay’s website that concluded Friday. Last year’s winning bid for lunch with Buffett was $3.46 million, which tied the previous year’s high.

The winner, who posted the bid in the closing seconds, gets to bring seven friends to dine with the 86-year-old billionaire at New York’s Smith & Wollensky steakhouse, Bloomberg reported.

Buffet, centre with Janice Mirikitani and her Glide co-founder Rev. Cecil Williams.

Proceeds will benefit Glide, a San Francisco charity that serves meals to the homeless, hosts support groups through its women’s center for abuse victims and provides treatment for drug addiction.

“We believe in building bridges, not walls,” Glide’s co-founder Janice Mirikitani said in a statement before the auction began.

“Warren Buffett and the generous bidders enable us to provide a holistic array of high quality services that meet critical needs, improve lives and elevate the human spirit.”

Buffett’s first wife, Susan, volunteered for the organization and died in 2004. Buffett’s auction efforts have brought in more than $26 million for the group since 2000.

Much smaller donations were accepted for Glide on eBay. Ten dollars provides a fried-chicken lunch for two and $80 pays for a 40-minute legal consultation. Anyone who donated through last Friday will be entered to win a trip to San Francisco to meet Mirikitani and her Glide co-founder Rev. Cecil Williams.

“Everyone that has experienced Glide comes away a believer,” Buffett said in a statement last month. “They have to see it to believe it, but when they see it, they do believe it.”

The steakhouse that hosts the lunch donates at least $10,000 each year, San Francisco Patch reports.

Last year’s winner also chose to remain anonymous. Winners have included hedge fund manager David Einhorn and Ted Weschler, who later joined Buffett’s Berkshire Hathaway Inc. to help oversee investments.

Buffett is the chairman, chief executive officer and biggest shareholder of Berkshire, which owns more than 60 companies, including Geico, Duracell and Dairy Queen.

He is worth $76.2 billion, according to Forbes.

Reported by UPI

0
Dipo

Dipo Kehinde is an accomplished Nigerian journalist, artist, and designer with over 34 years experience. More info on: https://www.linkedin.com/in/dipo-kehinde-8aa98926

Recent Posts

Boy, 15, Axes Mother to Death after She Confiscated His Tablet to Make Him Do His Homework

Editor/ A 15-year-old boy in Russia has reportedly been taken into custody after police say…

2 hours ago

Beaten and Humbled: Bolt Driver Apologises to Lawmaker who Assaulted Him over Simple Delivery

Pat Stevens/ Stephen Abuwatseya, a Bolt driver, has publicly apologised to a politician who allegedly…

2 hours ago

NNPC, SPDC Joint Venture Donates US$1 Million to Support Borno Flood Victims

Malik Yahya/ The Shell Petroleum Development Company of Nigeria Limited (SPDC JV)—operator of the NNPC…

6 hours ago

Federal Reserve Chair, Powell, Says He’ll Refuse to Step Down if Trump Asks

Femi Ashekun/ Federal Reserve Chair, Jerome Powell, has declared that he wouldn’t resign if President-elect…

18 hours ago

FG Responds to Malaysia’s Plan to Phase Out CNG, Clarifies its Position on Adoption

Segun Atanda/ The Nigerian government has responded to Malaysia's recent announcement to phase out compressed…

24 hours ago

Lagos Police Arrest Dog Owner After Fatal Attack on Security Guard in Lekki

Matilda Omonaiye/ The police in Lagos have arrested Salisu Mustapha, the owner of three dogs…

1 day ago