Breaking News

Asia Today ISSN 1861-4604 Sunday, September 24, 2017

Headline

Someone just paid over $3.45 million for a private lunch with the world’s most successful investor

Chairman and CEO of Berkshire Hathaway

Share on Facebook June 13, 2017, Reporter : Big News Network, Reader : 431

news

CALIFORNIA, U.S. - For the 18th year in a row, billionaire Warren Buffett hosted his annual charity auction and the highest bidder spent a whopping $3.45 million to pick the brain of a man renowned as the world’s most successful investor, while sharing a meal with him.> BNN
 
The offer for a private lunch with the chairman and CEO of Berkshire Hathaway was auctioned off on eBay to raise money for the Glide Foundation, which helps the homeless in San Francisco.
 
The charity has won praise from Buffett for the work it does helping people.
 
Buffett became a believer in Glide’s work after his first wife, Susie volunteered with the organisation before her death in 2004 and showed him what the group was doing for the poor and homeless.
 
Over the last 18 years, the billionaire has raised nearly $24 million through the auctions.
 
Last year’s bid of $3,456,789 tied with the winner of 2012, for the record highest ever bid for the private lunch.
 
Over the years, the auction has been moved from an event based in San Francisco to being hosted online, on eBay.
The auction has attracted people from as far away as Singapore and China.
 
Winning the auction as the one of the top bidders in 2010 and then again in 2011, Ted Weschler, a hedge fund manager from Virginia managed to impress Buffet so much, that he scored a job at Berkshire Hathaway.
 
This year’s winner, however, wishes to remain anonymous.

More Euro Asia news of the month

Photos New Zealand’s most volatile race ends in stalemate

AUCKLAND, New Zealand - In what became one of New Zealand’s most volatile and hard-fought race in recent history - the country...

Photos Death and devastation grips Mexico after 7.1 magnitude quake

MEXICO CITY, Mexico - Over 200 people were killed across central Mexico, and several others were trapped beneath the debris of collapsed...

Photos Trump blasts North Korea, Iran, Venezuela in first UN speech

NEW YORK, U.S. - U.S. President Donald Trump used his first speech at the United Nations to warn America’s foes and vowed severe...

Photos America tells Donald Trump on Climate Change: We got this!

WASHINGTON, U.S. - U.S. states, and cities have come up with a plan to offer their own forecast for reducing global warming, months...

Photos The world and the Rohingya await action from Suu Kyi

NAYPYIDAW, Myanmar - With the Rohinyga crisis drawing the world’s attention and Myanmar leader Aung San Suu Kyi’s response...

Photos Tensions peak: North Korea fires another missile over Japan

SEOUL, South Korea - In yet another provocation to the world, North Korea fired another missile that flew over Japan, deepening the...

Photos WhatsApp co-founder calls it quits after eight years

CALIORNIA, U.S. - After spending eight years with the company that he formed with Ukrainian immigrant Jan Koum, WhatsApp co-founder...

Photos UN Security Council adopts new sanctions against DPRK

The UN Security Council on Monday unanimously adopted a resolution to impose fresh sanctions on the Democratic People's Republic of...

Photos Why Assange believes North Korean threat is Trump’s fault?

LONDON, U.K. - As North Korea continues to terrify the world with intensified nuclear activity - global powers are both condemning the...

Flying Reimagined

Stock Index

Sunday, September 24, 2017

Life Style

Photo Gallery

FEUILLETON