Investing
Buffett charity lunch sells for $1m
Written By:
Alasdair Pal
Posted:
Updated:
10/06/2013
A private charity lunch with Warren Buffet has sold for $1m – less than a third of last year’s price.
The unnamed bidder will have lunch with seven friends and the billionaire investor at a steakhouse in New York.
This final eBay price looks good value compared to previous years. Last year the same lot sold for $3.5m, in aid of Glide, a San Francisco charity.
The annual traditional lunch has so far raised more than $15m for the organisation.
In 2011, fund manager Ted Weschler paid $2.6m to dine with the Sage of Omaha.
He was later hired as an investment manager at Buffett’s Berkshire Hathaway.
