OMAHA, Neb. — Billionaire Warren Buffett hopes the chance to dine with him will again draw multimillion-dollar bids for a charity that helps the poor and homeless.
The annual lunch auction starts Sunday evening with a $25,000 minimum bid on eBay. The meal's final price won't be set until the auction closes Friday at 9:30 p.m. CDT.
The bids benefit the Glide Foundation, which provides social services to the poor and homeless in San Francisco.
Last year, Canadian investment firm Salida Capital paid $1.68 million to dine with the Berkshire Hathaway CEO. In 2008, a Chinese investment fund manager paid $2.11 million — the most expensive charity item eBay had ever sold.
The Smith and Wollensky restaurant in New York will again host the lunch.
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Online:
Buffett Auction: http://www.GlideLunchWithWarrenBuffett.com
eBay: http://www.ebay.com
Berkshire Hathaway Inc.: http://www.berkshirehathaway.com
Glide Foundation: http://www.glide.org
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