{"id":127875,"date":"2022-06-18T11:03:07","date_gmt":"2022-06-18T11:03:07","guid":{"rendered":"https:\/\/fin2me.com\/?p=127875"},"modified":"2022-06-18T11:03:07","modified_gmt":"2022-06-18T11:03:07","slug":"warren-buffetts-final-charity-lunch-sets-ebay-record","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/warren-buffetts-final-charity-lunch-sets-ebay-record\/","title":{"rendered":"Warren Buffett's final charity lunch sets eBay record"},"content":{"rendered":"

<\/picture> video<\/span> <\/p>\n

Fox Business Flash top headlines for June 17<\/h2>\n

Check out what’s clicking on FoxBusiness.com.<\/p>\n

Warren Buffett saved the best and biggest for last as the auction for lunch with the billionaire set a record.<\/p>\n

A person bid more than $19 million to dine with the ‘Oracle of Omaha’ in the 21st and final time that the businessman auctioned a private lunch to benefit a San Francisco charity.<\/p>\n

The winning bidder couldn't immediately be identified.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

An eBay spokeswoman said the lunch was the most expensive item ever sold on the company's website to benefit charity.<\/p>\n

<\/picture>\n

Berkshire Hathaway CEO Warren Buffett\u00a0<\/span> (Daniel Zuchnik\/WireImage \/ Getty Images)<\/span><\/p>\n

The winning bid in the eBay auction that ended on Friday night far topped the previous record of $4.57 million, paid in 2019 by cryptocurrency entrepreneur Justin Sun.<\/p>\n

WARREN BUFFETT'S CHARITY LUNCH RETURNS, BUT FOR THE LAST TIME<\/strong><\/p>\n

The auction proceeds go to Glide, a nonprofit in San Francisco that helps the poor, homeless or those battling substance abuse.<\/p>\n

Buffett, 91, the chairman and chief executive of Berkshire Hathaway has held 21 of the auctions, raising more than $53.2 million for the charity.<\/p>\n

<\/picture>\n

A general view of Smith &amp; Wollensky steak and chops restaurant in New York City. (Photo by Ben Hider\/Getty Images)<\/span> ((Photo by Ben Hider\/Getty Images) \/ Getty Images)<\/span><\/p>\n

The COVID-19 pandemic prevented the lunches from being held in 2020 and 2021.<\/p>\n

BUFFETT'S BERKSHIRE HATHAWAY BUYS EVEN MORE OCCIDENTAL SHARES<\/strong><\/p>\n

This year's winner and up to seven guests will dine with Buffett at the Smith & Wollensky steakhouse in Manhattan.<\/p>\n

It is said that during those lunches, Buffett will talk about anything but where he is investing next.<\/p>\n\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange %<\/th>\n<\/tr>\n<\/thead>\n
BRK.A<\/td>\nBERKSHIRE HATHAWAY INC.<\/td>\n403,150.00<\/td>\n-821.00<\/td>\n-0.20%<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Previous winners of the auction are hedge fund managers David Einhorn and Ted Weschler.<\/p>\n

CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n

Weschler became a Berkshire portfolio manager. He paid a combined $5.25 million to win the 2010 and 2011 auctions.<\/p>\n

Reuters contributed to this report.<\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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