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Showing posts with the label Warren Buffett

Dinosaur Skeleton Sold for $2.3 Million

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If you like bidding in auctions and you missed out on bidding on the lunch with Warren Buffett last week on eBay, you could have bought a 28.5 foot long dinosaur skeleton!!! This unique item was auctioned on the first floor of the Eiffel Tower by the French auction house Aguttes , and was hammered at $2.3 million. The seller was a British businessman and the buyer is an anonymous French art collector, who plans on lending it to a museum. It is believed to be a new species or new genus. The auction house said that the buyer may be able to name the specimen.

How Billionaires Made Their Money

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Do you want to be a billionaire? If so, maybe you should invest in the companies that made the billionaires so rich. Forbes Magazine  has just come out with its latest billionaires list. Seven out of the top ten billionaires have founded and/or are the head of companies that are publicly traded, providing investors with a selection of stocks to invest in. The following is a list of the billionaires and their stocks. Rank Name Net Worth Company Symbol #1 Jeff Bezos $112 B Amazon AMZN #2 Bill Gates $90 B Microsoft MSFT #3 Warren Buffett $84 B Berkshire Hathaway BRKA #4 Bernard Arnault $72 B LVMH LVMH #5 Mark Zuckerberg $71 B Facebook FB #7 Carlos Slim Helu $67.1 B América Móvil AMX #10 Larry Ellison $58.5 B Oracle ORCL

Billionaire Warren Buffett's Beach House is for Sale

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Turned down by Harvard? Don’t feel bad. So was  Warren Buffett , head of Berkshire Hathaway. But it wasn’t a death knell to his spirit or cause him to realign his goals. Like most successful people, he forged ahead. While most people never have the epiphany that tells us what to do with our lives, Warren Buffett’s light bulb came on at the age of ten. While at lunch with his father who was a member of the New York Stock Exchange, something in their conversation lit that elusive spark that made young Buffet realize that his goal would revolve around money. By the time he was eleven and his classmates’ main concern was who would be first up to bat at the recess baseball game, Warren made his first investment in shares of Cities Service Preferred at $38 each. Never wavering from his goal, he was bringing in almost $200 a month as a teenager in the 1940s (more than his teachers were making) by working every job he could find, including door-to-door sales and cleani...

Jeff Bezos Now the Third Richest Man in the World

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After Bill Gates and Warren Buffett, the third place position has been held by Carlos Slim Helu, the Mexican businessman and investor who has a controlling interest in many companies, including Telmex and America Movil. However, Slim has been pushed out of his position, and been replaced by Jeff Bezos, founder and CEO of Amazon.com , according to a recent report by Bloomberg . This is due to the fact that the stock price of Amazon has had a huge spike. Yesterday, the stock traded at 680.57 per share. It has since dropped from that price, currently 651.57, but still substantially higher than its price on January 2 this year of 308.52. Having a substantial amount of stock that more than doubles in less than a year can really help your net worth.

Buy Warren Buffett's Old Cadillac: Current Bid $72,000

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Here is a great collectible for the billionaire out there; but a Cadillac that is currently owned by another billionaire. In this case, a car owned by Warren Buffett, head of Berkshire Hathaway. His car is being auctioned by ProxyBid , with the proceeds going to the charitable organization Girls Incorporated of Omaha. This 2006 Cadillac DTS has a V8 engine and little over 20,000 miles on it. In addition, it is autographed by Warren Buffett. Bidding ends Thursday, February 19, 2015 at 7:01 PM Central Time. The winner can pick up the keys to the car in person from Mr. Buffett. The top bid right now at the time this article was written is $72,000. Picture courtesy of ProxyBid.

Warren Buffett has been Bid up to a Million Dollars

In case you weren't aware, there has been an auction going on this week for the rights for you and seven friends to have lunch with Warren Buffett in New York.  There has been some spirited bidding, with the bids starting at $25,000 and currently over $1 million. You need to be qualified as a bidder in order to place a bid. The auction is being run by eBay , and the proceeds of the auction will go to the Glide Foundation.

$1 Million for a Lunch with Warren Buffett

The Warren Buffett Power Lunch Auction, which was held through eBay (EBAY), was completed last week. This was the auction to have lunch with Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), along seven of the successful bidder's friends. The auction was to benefit the GLIDE Foundation in San Francisco, California. In case you missed it, the results are in. The lunch sold for $1,000,100.00, with 106 bids. Bidding started out at $25,000. Unfortunately, this lunch didn't pull in as much as last year, when the auction was hammered at $3,456,789. What is interesting is that there were the same number of bids last year as there were this year. As a matter of fact, the high bid this year didn't even come close to many of the previous years. In 2011, the Warren Buffett lunch went for $2,345,678, in 2010, the Buffett lunch sold for $2.6 million, and even in 2008, the lunch was auctioned off at $2 million. The reason for this drop in price is uncertain. Some pundits...

How You Can Have Lunch with Warren Buffett - One Day Left to Bid

How would you like to have lunch with Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B)? Plus, you can bring seven of your friends along. Plus you get to pick Buffett's brain during the dinner, to get great investment advice. Well now you can. An auction for this great opportunity is being held by eBay (EBAY), with one day left to bid. If you are the successful bidder, then Warren Buffett will host a lunch for you to benefit the GLIDE Foundation in San Francisco and its programs. The bidding began June 2, 2013 at 7:30 pm PDT and closes June 7, 2013 at 7:30 pm PDT. If you are the winning bidder , Warren Buffett will dine with you and up to seven friends at the Smith & Wollensky restaurant in New York City on a mutually agreed upon date. All bidders must pre-qualify . The starting bid is $25,000. All of the proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Franc...

A Million Dollar Lunch with Warren Buffett

You now have an opportunity to have lunch with with Warren Buffett, head of Berkshire Hathaway. Buffett will host a lunch to benefit the San Francisco based Glide Foundation and its programs. The bidding has just begun on eBay and will close June 10, 2011 at 7:30 pm PDT. Buffett will have a meal with the winning bidder and up to seven friends at Smith & Wollensky in New York City on a date agreed to by both parties. All bidders must pre-qualify. The current bid is still at the opening bid of $25,000. 100% of all auction proceeds from the winning bid will benefit Glide, a social service institution which alleviates human suffering and poverty in the San Francisco Bay Area. Last year, $2.6 million was paid by an anonymous person from the US for lunch with Buffett, and the year before $1.68 million was paid by a Canadian investment firm. It is expected that this year's lunch will be hammered for at least one million dollars.

Buffett Lunch Auction Ends at $2,626,311

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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.

Lunch with Warren Buffett Currently Up for Auction

If you have ever wanted to have lunch with one of the wealthiest individuals in the world, now is your chance. You can bid on an auction of a lunch with Warren Buffett, which is currently being offered on eBay this week. The high bid at this time is at the minimum $25,000. The auction ends June 11. All proceeds go to the Glide Foundation in San Francisco, California.

What the Billionaire Financiers Are Saying

Warren Buffett is a supporter of Goldman Sachs , and believes that extreme leverage is dangerous for individual investors.. According to Texas oilman, and now windmill man, T. Boone Pickens, the recent oil spill is not a big deal