Connect with us

Hi, what are you looking for?

Finance

Warren Buffett lunch auction draws $3.3 million winning bid

By Katherine Chiglinsky

The chance to dine with Warren Buff..

By Katherine Chiglinsky

The chance to dine with Warren Buffett costs $3.3 million this year.

That was the winning bid for a lunch with the billionaire investor in a week-long charity auction that concluded Friday on EBay Inc.s website. This years price was short of the $3.46 million record, ranking third in the events history. For a third straight year, the auctions winner asked to remain anonymous, organizers said.

Buffett, 87, has participated in the annual auction for almost two decades to benefit Glide, a San Francisco-based charity. The lunch with the investing guru generally brings in more than 10 percent of the organizations budget and helps fund projects that address hunger, poverty and homelessness. This years auction will aid the charity, which has seen the demand for its services skyrocket, according to Glides President and Chief Executive Officer Karen Hanrahan.

“It was spectacular,” Hanrahan said of the auction in an interview. “This is just an extraordinary gift that Warren gives to Glide.”

The winner of the auction gets to bring seven friends to a lunch with Buffett at Smith & Wollensky in New York. In the past, top bidders have included hedge fund manager David Einhorn. Ted Weschler submitted the highest offer in both 2010 and the following year. He then scored a job with Buffett in 2011 and now helps oversee Berkshire Hathaway Inc.s investments.

Buffetts known to draw a crowd for his advice on investing, and he fills an indoor convention center with thousands of people during his companys annual meeting. As Berkshires chief executive officer and chairman, hes built the company into a sprawling $475 billion corporation that touches areas from the railroad industry to insurance.

Bidding for this years auction started May 27 and was heating up through the middle of the week with a top bid reaching $2.9 million early on Wednesday. The competition later ticked higher, amassing a total of 136 bids.

“Glide really takes people who have hit rock bottom and helps bring them back,” Buffett said in a statement. “Theyve been doing it for decades. If I can help out by raising some money for them, then I enjoy doing it.”

Original Article

[contf]
[contfnew]

ET Markets

[contfnewc]
[contfnewc]

52 Comments

52 Comments

  1. Nick

    August 24, 2021 at 4:49 am

    I have read so many articles about the blogger lovers except this piece
    of writing is actually a fastidious article, keep it
    up.

  2. Arnoldo

    August 26, 2021 at 6:12 pm

    Its such as you learn my thoughts! You appear to grasp so much about this, like you wrote the ebook in it or something.

    I think that you simply can do with some p.c.
    to power the message house a little bit, however instead of that,
    that is wonderful blog. An excellent read.
    I’ll definitely be back.

  3. Anthony

    August 26, 2021 at 6:55 pm

    Thanks for sharing your info. I really appreciate your efforts and I will be waiting for your next write ups thanks once again.

  4. Isabella

    August 26, 2021 at 8:02 pm

    What’s Going down i am new to this, I stumbled
    upon this I have found It positively helpful and it has helped me out loads.
    I’m hoping to contribute & assist other customers like its helped me.
    Great job.

  5. Dewitt

    August 26, 2021 at 8:10 pm

    I love your blog.. very nice colors & theme. Did you
    create this website yourself or did you hire
    someone to do it for you? Plz answer back as I’m looking to design my own blog and would like to find out where u got
    this from. thanks

  6. Hedofirm Male Enhancement

    August 26, 2021 at 8:34 pm

    Right here is the perfect site for everyone who really wants
    to find out about this topic. You realize so much its almost hard to argue with you (not that I personally would want to…HaHa).
    You definitely put a fresh spin on a subject that
    has been written about for ages. Great stuff, just great!

    My web site – Hedofirm Male Enhancement

  7. A1 Keto BHB

    August 26, 2021 at 8:43 pm

    It’s a shame you don’t have a donate button! I’d most certainly donate to this superb blog!
    I guess for now i’ll settle for bookmarking and adding your RSS feed to my
    Google account. I look forward to brand new updates and will talk
    about this blog with my Facebook group. Chat soon!

    Here is my blog post: A1 Keto BHB

  8. betting politics

    August 26, 2021 at 8:52 pm

    Heya i’m for the primary time here. I came across this board and
    I find It really useful & it helped me out a lot. I am hoping to
    present something again and help others like you helped me.

  9. A1 Keto BHB

    August 26, 2021 at 9:05 pm

    It’s a pity you don’t have a donate button! I’d
    most certainly donate to this brilliant blog! I guess for now
    i’ll settle for bookmarking and adding your RSS feed to my Google account.
    I look forward to fresh updates and will talk about this website with my Facebook group.

    Chat soon!

    my homepage … A1 Keto BHB

  10. A1 Keto BHB

    August 26, 2021 at 9:23 pm

    I love foregathering utile information, this
    post has got me even more info!

    Feel free to surf to my web-site A1 Keto BHB

  11. yeezy 350 boost real vs fake

    August 26, 2021 at 9:26 pm

    Greetings! Very helpful advice within this article!
    It is the little changes which will make the most significant changes.
    Thanks for sharing!

  12. Hedofirm Male Enhancement

    August 26, 2021 at 9:30 pm

    I have recently started a website, the information you offer on this site has
    helped me greatly. Thank you for all of your time & work.

    Feel free to surf to my web-site – Hedofirm Male Enhancement

  13. Bellueur Cream

    August 26, 2021 at 9:32 pm

    What’s up, always i used to check website posts here early in the daylight, since i
    love to find out more and more.

    Here is my website … Bellueur Cream

  14. Virgo FX Male Enhancement

    August 26, 2021 at 9:34 pm

    I have been checking out many of your stories and it’s pretty
    good stuff. I will definitely bookmark your site.

    my web site Virgo FX Male Enhancement

  15. Virgo FX Male Enhancement

    August 26, 2021 at 9:35 pm

    Thank you for sharing with us, I believe this website really stands out
    :D.

    Feel free to surf to my webpage :: Virgo FX Male Enhancement

  16. ToxyBurn

    August 26, 2021 at 9:50 pm

    Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I get in fact enjoyed
    account your blog posts. Any way I will be subscribing
    to your augment and even I achievement you access consistently quickly.

    Also visit my web-site; ToxyBurn

  17. Tod

    August 26, 2021 at 10:05 pm

    Nice replies in return of this question with
    firm arguments and telling the whole thing about that.

  18. live casino

    August 26, 2021 at 10:16 pm

    I read this paragraph fully about the resemblance of most up-to-date and earlier
    technologies, it’s awesome article.

  19. Albert

    August 26, 2021 at 11:36 pm

    Having read this I thought it was really informative.
    I appreciate you taking the time and effort to put this short article together.
    I once again find myself personally spending a lot of time both reading and
    posting comments. But so what, it was still worthwhile!

  20. betting politics

    August 26, 2021 at 11:37 pm

    A person necessarily lend a hand to make significantly posts I
    would state. That is the first time I frequented your website page
    and up to now? I amazed with the research you made to make this actual put up extraordinary.
    Great process!

  21. Trena

    August 27, 2021 at 12:38 am

    Link exchange is nothing else but it is only placing the other person’s web site link on your page at
    proper place and other person will also do same for you.

  22. uptown aces mobile casino

    August 27, 2021 at 1:16 am

    You are so awesome! I don’t suppose I’ve read through something like this before.
    So nice to discover another person with some unique thoughts on this topic.
    Seriously.. many thanks for starting this up. This website is one thing that
    is needed on the internet, someone with some originality!

  23. Levi

    August 27, 2021 at 1:34 am

    whoah this blog is excellent i really like studying your articles.
    Keep up the good work! You already know, many persons are searching round for this information, you could aid them
    greatly.

  24. live casino

    August 27, 2021 at 1:42 am

    Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
    You obviously know what youre talking about,
    why throw away your intelligence on just posting videos to your blog when you
    could be giving us something informative to read?

  25. Nestor

    August 27, 2021 at 2:01 am

    What’s Going down i’m new to this, I stumbled upon this I’ve discovered It
    absolutely useful and it has aided me out loads.

    I hope to contribute & assist other customers like its
    aided me. Good job.

  26. Gay

    August 27, 2021 at 3:02 am

    The other day, while I was at work, my cousin stole my iPad and tested to see if it can survive a forty foot drop,
    just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views.
    I know this is entirely off topic but I had to share it with someone!

  27. Max Ketosis Fuel Keto

    August 27, 2021 at 4:57 am

    I truly prize your work, Great post.

    Here is my homepage … Max Ketosis Fuel Keto

  28. Louise

    August 27, 2021 at 5:40 am

    I absolutely love your blog and find the majority of your post’s to be precisely what I’m looking for.
    Do you offer guest writers to write content in your case?
    I wouldn’t mind creating a post or elaborating on many of the subjects you write related to here.
    Again, awesome site!

  29. Britney

    August 27, 2021 at 6:32 am

    When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a
    comment is added I get three emails with the same comment.
    Is there any way you can remove me from that service?
    Appreciate it!

  30. Zelma

    August 27, 2021 at 6:34 am

    An intriguing discussion is definitely worth comment. I do think that you need to publish more
    on this subject, it might not be a taboo subject but generally
    people do not speak about such topics. To the next!
    Cheers!!

  31. live casino

    August 27, 2021 at 6:34 am

    Hi there, after reading this awesome piece of writing i am too happy to share my experience here with colleagues.

  32. Timmy

    August 27, 2021 at 6:39 am

    Hurrah, that’s what I was searching for, what a
    material! present here at this weblog, thanks admin of this web site.

  33. Tabitha

    August 27, 2021 at 7:29 am

    Pretty! This has been an incredibly wonderful post.
    Many thanks for providing this info.

  34. Lorenzo

    August 27, 2021 at 9:01 am

    Everyone loves what you guys are up too. Such clever work and coverage!
    Keep up the terrific works guys I’ve you guys to my personal blogroll.

  35. live casino

    August 27, 2021 at 9:18 am

    Thanks for a marvelous posting! I genuinely enjoyed reading it, you happen to
    be a great author. I will be sure to bookmark your blog and will eventually come back at some point.
    I want to encourage you continue your great job, have a nice morning!

  36. Virginia

    August 27, 2021 at 9:41 am

    I do accept as true with all the ideas you’ve introduced to your post.
    They’re very convincing and will definitely work. Still, the posts are very short for beginners.
    May you please lengthen them a little from subsequent time?
    Thank you for the post.

  37. pantanobh

    August 27, 2021 at 11:21 am

    This site ѡas… how do уou say it? Reⅼevant!!
    Finally I have found ѕometһing which helρed me. Kudos!

  38. Wilbur

    August 27, 2021 at 12:31 pm

    I all the time used to study piece of writing in news papers but now as I am
    a user of net so from now I am using net for content, thanks to
    web.

  39. Susan

    August 27, 2021 at 1:17 pm

    Hey would you mind letting me know which webhost you’re using?
    I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot faster
    then most. Can you suggest a good hosting provider at a honest
    price? Thank you, I appreciate it!

  40. Evo Naturals Hemp Gummies

    August 27, 2021 at 1:41 pm

    I adore reading through and I conceive this website got some truly useful stuff on it!

    My website; Evo Naturals Hemp Gummies

  41. www.fotosombra.com.br

    August 27, 2021 at 2:06 pm

    My brother recommended I might like this web site.
    He was once totally right. This publish truly made my day.
    You cann’t consider simply how a lot time I had spent for this info!
    Thanks!

    My web page Hempizor CBD Gummies (http://www.fotosombra.com.br)

  42. Precious

    August 27, 2021 at 6:28 pm

    Hey, you used to write wonderful, but the last several posts have been kinda boring…
    I miss your super writings. Past few posts are just a bit out of track!
    come on!

    Here is my homepage – Spore Mens Vitality Mix Reviews (Precious)

  43. Your Essential Care Keto

    August 27, 2021 at 6:29 pm

    Heya i am for the primary time here. I came across this board and
    I find It truly helpful & it helped me out much. I’m hoping to provide something
    again and help others like you helped me.

    Here is my page: Your Essential Care Keto

  44. Petra

    August 27, 2021 at 6:35 pm

    I’m gone to convey my little brother, that he should also pay a visit this website on regular basis to take updated from latest reports.

  45. Otto

    August 27, 2021 at 6:53 pm

    Very good info. Lucky me I found your site by accident (stumbleupon).
    I’ve saved as a favorite for later!

  46. Fidel

    August 27, 2021 at 7:10 pm

    I like looking through a post that will make people think.
    Also, thanks for allowing for me to comment!

  47. Kirsten

    August 27, 2021 at 9:30 pm

    This is the perfect website for anyone who would like to find out about this
    topic. You understand so much its almost hard to argue with
    you (not that I really would want to…HaHa). You certainly put a fresh spin on a topic
    that has been written about for decades. Great stuff, just
    great!

  48. Olivia

    August 27, 2021 at 9:44 pm

    Does your site have a contact page? I’m having problems locating it but, I’d like to
    shoot you an e-mail. I’ve got some ideas for your blog you might be interested in hearing.
    Either way, great blog and I look forward to seeing it expand over
    time.

  49. Health Flow Pills

    August 27, 2021 at 10:16 pm

    Pretty nice post. I simply stumbled upon your weblog and wished to say that I’ve really enjoyed browsing your
    weblog posts. In any case I will be subscribing
    for your feed and I’m hoping you write once more soon!

    Look into my web blog; Health Flow Pills

  50. Hai

    August 27, 2021 at 10:35 pm

    Great post. I used to be checking continuously this weblog and I am inspired!
    Very helpful information particularly the remaining phase
    🙂 I care for such info much. I was seeking this certain information for a very lengthy
    time. Thank you and good luck.

  51. Faustino

    August 28, 2021 at 12:14 am

    Please let me know if you’re looking for a article author
    for your blog. You have some really good articles and I think
    I would be a good asset. If you ever want to take some of
    the load off, I’d absolutely love to write some content for your blog in exchange for a
    link back to mine. Please send me an e-mail if interested.
    Thanks!

  52. Meghan

    November 14, 2021 at 12:41 am

    Heya i am for the first time here. I came across this board and
    I find It really useful & it helped me out much.

    I hope to give something back and aid others like you helped me.

Leave a Reply

Your email address will not be published.