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Anonymous Bidder Pays $19 Million For “Power Lunch” With Warren Buffet

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Anonymous Bidder Pays $19 Million For “Power Lunch” With Warren Buffet

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Anonymous Bidder Pays $19 Million For 'Power Lunch' With Warren Buffet

Warren Buffet has raised over $53.2 million for Glide in 21 auctions. (File)

An nameless bidder has paid a record-breaking $19 million to have a non-public lunch with legendary investor Warren Buffet. 

According to CNN, the sale was part of the twenty first and remaining time that the billionaire businessman auctioned a non-public lunch, in collaboration with eBay, to profit a San Francisco charity. Bidding began on June 12 at $25,000 and ended final week on Friday with a record-breaking $19,000,1000 from an nameless bidder. 

The proceeds will now profit Glide, a non-profit in San Francisco’s Tenderloin district that helps individuals with out houses or who’re battling habit. Glide provides meals, shelter, drug exams, job coaching and extra. 

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As per the outlet, the thriller winner will take pleasure in a non-public steak lunch with Mr Buffett, the chairman and chief govt of Berkshire Hathaway, and as much as seven company at Smith & Wollensky Steakhouse in New York City.

Notably, that is the final 12 months of the “Power Lunch” with Mr Buffet. The public sale was first began by the late Susie Buffett in 2000. Since 2003, eBay has managed the public sale, CNN reported. 

“On behalf of GLIDE and those we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his incredible contribution to our mission,” mentioned the group’s president and CEO Karen Hanrahan. 

“We are incredibly proud that Warren Buffett’s final “Power Lunch” has broken our all-time record of funds raised, with all proceeds supporting GLIDE’s efforts to create pathways out of crisis and transform lives,” mentioned eBay CEO Jamie Iannone. 

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The successful bid on Friday far surpassed the earlier report of $4.57 million, paid in 2019, by cryptocurrency entrepreneur Justin Sun. Mr Buffet has raised greater than $53.2 million for Glide in 21 auctions. 

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