Financial expert auctions a lunch date every year to benefit the Glide Foundation, which provides social services to San Francisco's homeless and poorOMAHA, Neb. - Who pays $2.1 million to lunch and swap conversation with the Seer of Omaha? Not many, but one sound charity-benefit bid is enough to win the date with Berkshire Hathaway chief executive Warren Buffet.
This year, the winner for $2.1 million was Chinese investment fund manager Zhao Danyang. During a television interview before lunch Wednesday, Buffett joked that he hoped he wouldn't have to leave a 10 percent tip afterward.
Every year, Buffett auctions off one lunch and donates the proceeds to the Glide Foundation, which provides social services to San Francisco's homeless and poor. (Click here to visit its Web site.)
So what did they eat? Not known, but it could have been hamburgers and cherry cokes, known to be among Buffett's favorites.
Where did they eat? Smith and Wollensky in Manhattan.
What did they talk about? Not known, but those who would like to chat up one of the men acknowledged to be the shrewdest of investors can get into the bidding for lunch in 2010.
A new lunch auction began Sunday and runs through Friday. As of noon Thursday, the top bid was $350,200 with 68 bidders. (Click here to watch -- or join -- the action.)
Expect the number of bidders and the offer to grow before the auction ends, and be prepared if you bid. Buffett says he investigates to make sure the winner can really come up with the lunch tab.
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