One more private Buffett lunch. Know what's off the menu
ET Online and Agencies |
1/5
One last time
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Held for 20 years
Berkshire Hathaway's CEO had been doing this once a year for 20 years before the pandemic began. Every winning bid since 2008 has topped $1 million, and Buffett has raised nearly $34.5 million for charity.
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How it began
The money he raises is for the Glide foundation which helps the homeless in San Francisco. Buffett was introduced there by his first wife Susie. The connection endured even after she died in 2004.
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Who all bid
Many of the past winners have been investors who revere Buffett for his track record of finding undervalued companies and stocks to buy. Buffett's company owns more than 90 companies including Geico insurance, BNSF railroad, several major utilities and many manufacturing and retail businesses.
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Off the menu
The weeklong eBay auction will begin June 12 with an opening bid of $25,000 and continue through June 17. The winner will get to bring up to seven people to eat with Buffett. But at the table there is only one thing you cannot ask the 91-year-old billionaire: What he might buy next.