An anonymous bidder has agreed to pay a record US$4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc.
Proceeds benefit the Glide Foundation, a charity in San Francisco’s Tenderloin district that serves the poor, homeless or those battling substance abuse. The winning bidder and up to seven friends can dine at the Smith & Wollensky steakhouse in Manhattan with Buffett, who says he will discuss anything apart from his next investments.The top bid would also be enough to buy 15 Class A or 23,137 Class B shares of Omaha, Nebraska-based Berkshire, whose more than 90 businesses include auto insurer Geico and BNSF railroad.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: