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Asia Today ISSN 1861-4604 Friday, July 21, 2017

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

Chairman and CEO of Berkshire Hathaway

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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.

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