Have Lunch with Warren Buffett for Just $3.46 Million

Sunday, 10 Jun 2012 07:42 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

A typical lunch at a high-end Manhattan steakhouse for nine people might run $1,000 or so, but when Warren Buffett is the guest of honor the price can rise to $3.46 million.

That is how much an as-yet unknown bidder paid in the annual online charity auction for the right to lunch with the "Oracle of Omaha" and seven friends at the Smith & Wollensky steakhouse in Manhattan.

The proceeds were up compared to last year, when fund manager Ted Weschler bid $2.63 million to have lunch with Buffett. The 81-year-old Nebraska billionaire ended up hiring Weschler last September to be an investment manager at Berkshire Hathaway.

URGENT: Wall Street Whistleblower Warns of Meltdown, See His Uncensored Interview

A total of 10 bidders entered 106 bids over the five-day auction that ended on Friday evening, much stronger than last year when just two people made a total of eight bids. The winning offer was exactly $3,456,789.

The previous 12 auctions raised more than $11.5 million for the San Francisco-based charity GLIDE, which sponsors a variety of programs for the disadvantaged, from meals for the needy and housing to community clinics. Buffett was introduced to GLIDE via his late first wife Susan.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Obama Slammed for Burger Stop, Fundraisers During Crises

Tuesday, 22 Jul 2014 11:28 AM

President Barack Obama has come under fire for stopping for a cheeseburger and fries in the middle of the dual Ukrainian . . .

US Appeals Court Throws Out IRS Rule on Obamacare Subsidies

Tuesday, 22 Jul 2014 10:28 AM

A U.S. appeals court on Tuesday threw out an IRS regulation that implements key Obamacare health insurance subsidies, re . . .

Delta Cancels All Israel Flights Over Missile Fear

Tuesday, 22 Jul 2014 11:18 AM

Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Av . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved