How Unidentified Person Pays $19m To Eat Launch With Legendary Investor, Warren Buffet

Date: 20-06-2022 9:26 pm (1 year ago) | Author: onuigbo felicia
- at 20-06-2022 09:26 PM (1 year ago)
(f)

An unidentified bidder has paid a sum of $19 million for a private steak lunch with legendary investor Warren Buffet.
The deal was part of the 21st annual auction for a lunch with Buffet, produced in collaboration with eBay and the Glide Foundation, a San Francisco-based non-profit working on combating poverty, hunger, and homelessness.

The bidding started with $25,000 on June 12 and ended with $19,000,100 from an unidentified bidder on Friday, according to a news release from eBay.

This year’s huge sum is more than four times the winning bid of $4,567,888 in 2019 — the last auction before a hiatus due to the Covid-19 pandemic.

2019’s winner was cryptocurrency entrepreneur Justin Sun.

The enigma winner will enjoy a private lunch with Buffet and up to seven guests at Smith & Wollensky Steakhouse in New York City says eBay.

Unfortunately for striving investors hoping to top this year’s record, this is the last year of the “power lunch” with Buffet. The annual auction has raised over $53 million for Glide.

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

The auction was first started by the late Susie Buffet in 2000. Since 2003, eBay has managed the auction.

“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,” said eBay CEO Jamie Iannone in the release.

Posted: at 20-06-2022 09:26 PM (1 year ago) | Addicted Hero
- gogoman at 20-06-2022 09:46 PM (1 year ago)
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Buffet the real billionaire  Cool Cool Cool
Posted: at 20-06-2022 09:46 PM (1 year ago) | Grande Master
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- constigoldo at 21-06-2022 02:30 PM (1 year ago)
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Hmm
Posted: at 21-06-2022 02:30 PM (1 year ago) | Hero
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