Buffett Lunch Auction Ends at $2,626,311
An eBay auction of a Power Lunch for Eight People with Warren Buffett ended yesterday, with 77 bids. The high bidder paid $2,626,311 for lunch with this famous investor, trader, and billionaire. The bidding started off slow, with an initial opening bid or $25,000, but really picked up steam on the last day of the auction, with 28 bids coming in starting at $1,000,000.
All proceeds of the auction go to the Glide Foundation in San Francisco, California. The Foundation supports people who are suffering from homelessness and poverty.