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Candice_Taylor

Lunch With Warren Buffett for Only $2.63 Million

 
By Candice Taylor in Special Reports, Wealth Watching
June 12th, 2011

A steak lunch at Smith & Wollensky in Manhattan with legendary investor Warren Buffett was auctioned on eBay for $2.63 Million. Can you imagine the eBay Final Value fees on this one?

Warren Buffett

As CEO of Berkshire Hathaway, Warren Buffett is famed for his strikingly successful investment strategies and is as well known for his personal integrity as his business savvy. Who knew Mr. Buffett would be such an expensive lunch date?

A total of two bidders were up to the pricetag and entered eight bids in the eBay auction, which started last Sunday.

The staggering final bid was actually for just under $2.35 million, but the anonymous winner added to that after the auction to surpass last year’s winning bid of $2,626,411 by $111, organizers said.

Interest in this year’s auction was much lower than in 2010, when nine bidders made a total of 77 bids for the luncheon.

100% of the final sale price goes to support the Glide Foundation

About this nonprofit:
Glide’s mission is to break the cycles of multi-generational dependency, poverty, and low self-worth by providing a spiritual home of unconditional love. Glide strives to create a healthy community by offering effective services that foster holistic healing in an environment of cultural integrity and diversity.





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