Robert Besser
22 Jun 2022, 00:20 GMT+10
San Francisco, California: A $19 million bid has won a charity auction for the opportunity to dine with financier Warren Buffett.
Officials said this is the 21st year Buffett auctioned a lunch with himself, and will also be the final auction.
The auction was conducted by eBay last week, far surpassing the earlier years' highest bid of $4.57 million paid in 2019 by cryptocurrency entrepreneur Justin Sun.
The identitity of the new winner has not been disclosed.
Money from the auction is donated to Glide, a nonprofit charity in San Francisco's Tenderloin district that helps the poor, homeless or those battling substance abuse.
Buffett, who is 91, is chairman and chief executive of Berkshire Hathaway Inc. In past years he has raised more than $53.2 million for Glide in auctions, which began in 2000.
An eBay spokeswoman noted that this was the most expensive charity bid ever received on the company's website.
Buffett began supporting the charity after his late wife became a volunteer.
As of last week, Buffett was worth $93.4 billion, ranking seventh worldwide, according to Forbes magazine.
Buffett has pledged to give away most of his fortune.
The winner of this year's auction will dine with Buffet at Manhattan's Smith and Wollensky steakhouse.
Rules for the lunch include that Buffett will talk about almost anything, except where he might next invest.
Buffet's Berkshire owns companies, including BNSF railroad, Geico car insurance, energy, manufacturing and retail businesses, and large blocks of stocks, including Apple and Bank of America.
Get a daily dose of International Travel News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.
More InformationMIAMI, Florida: Carnival Cruise Lines has said a cruise ship, the Carnival Sunshine, which sailed through rough seas off the ...
DUBLIN, Ireland: Ireland saw a 20.0 percent increase in people arriving from overseas in April 2023, compared to April 2022, ...
The U.S. military Monday released a video of what it described as an "unsafe" Chinese maneuver in the Taiwan Strait ...
New Delhi [India], June 5 (ANI): Visiting United States Secretary of Defence Lloyd Austin on Monday said that the world ...
Hong Kong, June 5 (ANI): China and the US are far apart relationally, even though the Shangri-La Dialogue -organized by ...
Ayodhya (Uttar Pradesh), [India], June 5 (ANI): BJP MP from Ayodhya Lallu Singh said on Sunday that efforts are being ...
CHARLESTON, South Carolina: During a media tour this week at Boeing's facilities in Charleston, South Carolina, company CEO Dave Calhoun ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...
MIAMI, Florida: Carnival Cruise Lines has said a cruise ship, the Carnival Sunshine, which sailed through rough seas off the ...
DUBLIN, Ireland: Ireland saw a 20.0 percent increase in people arriving from overseas in April 2023, compared to April 2022, ...
New Delhi [India], June 5 (ANI): Union civil aviation minister Jyotiraditya Scindia in a meeting on Monday with Airlines Advisory ...
Ayodhya (Uttar Pradesh), [India], June 5 (ANI): BJP MP from Ayodhya Lallu Singh said on Sunday that efforts are being ...