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Warren Buffett “Power Lunch” Fetches Winning Bid Of $19 Million

Warren Buffett “Power Lunch” Fetches Winning Bid Of  Million


Anonymous Bidder Pays $19 Million For 'Power Lunch' With Warren Buffet

Warren Buffet has raised over $53.2 million for Glide in 21 auctions. (File)

An nameless bidder has paid a record-breaking $19 million to have a non-public lunch with legendary investor Warren Buffet. 

Based on CNN, the sale was part of the 21st and closing time that the billionaire businessman auctioned a non-public lunch, in collaboration with eBay, to learn a San Francisco charity. Bidding began on June 12 at $25,000 and ended final week on Friday with a record-breaking $19,000,1000 from an nameless bidder. 

The proceeds will now profit Glide, a non-profit in San Francisco’s Tenderloin district that helps folks with out properties or who’re battling dependancy. Glide affords meals, shelter, drug exams, job coaching and extra. 

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As per the outlet, the thriller winner will get pleasure from a non-public steak lunch with Mr Buffett, the chairman and chief government of Berkshire Hathaway, and as much as seven company at Smith & Wollensky Steakhouse in New York Metropolis.

Notably, that is the final yr of the “Energy Lunch” with Mr Buffet. The public sale was first began by the late Susie Buffett in 2000. Since 2003, eBay has managed the public sale, CNN reported. 

“On behalf of GLIDE and people we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his unbelievable contribution to our mission,” mentioned the group’s president and CEO Karen Hanrahan. 

“We’re extremely proud that Warren Buffett’s closing “Energy Lunch” has damaged our all-time report of funds raised, with all proceeds supporting GLIDE’s efforts to create pathways out of disaster and remodel lives,” mentioned eBay CEO Jamie Iannone. 

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The profitable bid on Friday far surpassed the earlier report of $4.57 million, paid in 2019, by cryptocurrency entrepreneur Justin Solar. Mr Buffet has raised greater than $53.2 million for Glide in 21 auctions. 



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Written by Harry Rosen

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