Anonymous bidder pays record $19 million for a private lunch with Warren Buffett

An anonymous bidder went all out to pay a record amount of $19 million in a charity auction for lunch with business tycoon Warren Buffett. The charity lunch is organized to benefit the San-Francisco-based charity GLIDE. The NGO assists the homeless and poor people. The bidder paid a staggering amount of $19,000,100 at the annual auction to help homeless charity Glide.

Last Sunday, the winner outbid 43 other bidders. He will attend the private lunch with up to seven guests at the Smith & Wollensky steakhouse in New York City. Warren Buffett has been part of lunch since it was first launched in the year 2000. Currently, the charity has earned around $53 million. However, it is the last auction in which he will participate in. This may have resulted in the record bid.

Record-breaking bid for Warren Buffett’s last auction lunch

“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,” said Karen Hanrahan, president and CEO, of Glide Foundation.

Warren’s first wife, Susie, connected him to the organization after she began volunteering there, and he became a supporter. This year’s lunch will be the first private lunch with the 91-year-old billionaire since cryptocurrency entrepreneur Justin Sun’s $4.5 million record-breaking bid in 2019. COVID-19 implications forced the cancellation of the last two auctions. Moreover, Buffett has stated that this will be his final auction.

eBay CEO Jamie Iannone said, “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.”

Warren Buffett has promised to give away 99 percent of his wealth to charity, either during his lifetime or after he dies. He presented 14 million Berkshire Hathaway stocks valued at $4 billion to charity earlier this week. Buffett is the eighth richest person on the planet, with a net worth of $93 billion. His net worth dropped over $13 billion in the previous week, owing in part to the charity made.




Common weed may be ‘super plant’ that holds key to drought-resistant crops

Research reveals important hints on developing drought-resistance crops based on a common plant. The study ...

Scientists develop prosthetic hands controlled by the wearer’s breath

Oxford University scientists have developed a prosthetic hand for children that is powered and controlled ...

Anne Heche Reportedly Suffered A Catastrophic Brain Injury And Is Not Expected To Survive

Anne Heche’s reps have released a statement following her crash into a California home and ...

Wendy’s Employee Arrested After Punching Elderly Customer Who Complained About Order

An Arizona Wendy’s employee has been arrested after sucker punching an elderly customer who complained ...

Joycelyn Savage Set To Release Tell All Memoir About Life With R-Kelly

Joycelyn Savage is set to release a tell-all memoir about living under the shadow of ...

Rapper Young Thug faces six new felony charges of being part of a street gang Young Slime Life

American rapper, Young Thug is facing six new felony charges over allegations that he participated ...

Megan Thee Stallion Slams Her Label Over Album Release Dispute And Not Being Able To Put Out Music When She Wants

The lead-up to the release of Megan Thee Stallion’s sophomore album — rumored to be called ...

Vanessa Bryant Reportedly Broke Down In Tears During Kobe Bryant Crash Trial

Vanessa Bryant was drawn to tears as the civil trial she filed against Los Angeles County ...

BREAKING: Russia Confirms Prisoner Swap Talks As U.S. Hopes For Brittney Griner’s Release

For the first time, Russian officials confirmed that they are negotiating with the United States ...

Shakira’s ex Gerard Piqué ‘secretly dating PR student, 23, who works for him two months after his split with the singer

Barcelona defender, Gerard Piqué is reportedly secretly dating a 23-year-old PR student, two months after ...

Man, 75, arrested for rape and murder of 15-year-old girl who he stabbed 59 times 40 years ago

Police have announced the arrest of a man living in Hawaii for abducting, sexually assaulting ...


No post found


Enable Notifications    OK No thanks