Bidder shells out $1.68 million for lunch with Warren Buffett


In this time of recession, a bidder has actually paid $1.68 million to have a steak lunch with billionaire investor Warren Buffett. The fund raiser whose bidding was held on eBay closed on Friday with the winning bid falling just a little short of last year’s $2.11 million! The starting price of this unique bid was $25,000 and the winner was allowed to bring up to seven friends to dine with the Buffet at the Smith & Wollensky steakhouse in New York. The identity of the winner however is still not known. All proceeds from this auction will go to the Glide Foundation, a nonprofit in San Francisco’s Tenderloin district that offers housing, job training, health and child care, and meals for the poor. The fund raiser which is in its tenth year managed to fetch quite a lot of money in spite of the on-going recession. This year’s bid is apparently the second highest ever paid for the lunch. Bet the winner can’t stop grinning about his achievement.
[Reuters]

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