Your lunch date with Warren Buffett will be a lot cheaper this year
Filed under: Food, Wealth, Charity, Celebs & Money
The annual honor of being the highest bidder in an auction to have lunch with Warren Buffet looks to be a lot cheaper this year.After last year's record $2.1 million, paid by a Hong Kong hedge-fund manager, this year's auction on eBay is at $135,687 -- a heck of a discount.
And you may even get a Dairy Queen Blizzard thrown in.
Auction proceeds go to the Glide Foundation in San Francisco, a charity that provides meals to the needy.
Buffett has held the annual auction for the past decade. The winner can bring as many as seven friends for lunch at a New York steakhouse to hear the Oracle of Omaha's wisdom, according to a Wall Street Journal blog.
Time is running out. The auction ends at 7 p.m. PDT Friday, June 26.
I doubt if last year's record, which was three times the previous record, will be beat, or that anyone will pay even $500,000. It is a charitable donation, but shareholders of any company that spends that kind of money on lunch will wonder if they're getting their money's worth.
Reader Comments (Page 1 of 1)
7-02-2009 @ 1:57PM
CNBC said...
Just wanted to let you know, if you’re interested you can watch Warren Buffett’s interview with CNBC’s Becky Quick which took place right before his charity auction lunch today at 11:50AM EST on CNBC. To see the interview please click here: http://bit.ly/194RIN.
Thanks!
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6-24-2009 @ 6:57PM
Diane said...
of course he's worth it
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6-25-2009 @ 11:07AM
Christine said...
FYI -- every year, the real action for the auction doesn't start until 3 hours before the end. So i'd pay close attention around then. In old school eBay style, everyone holds back their bid until the last minute. So be prepared to update this post after Friday night it's already at $350K as I write this. :)
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