There actually isn’t any such factor as a free lunch.
An nameless bidder paid a record-breaking $19 million for a personal steak lunch with legendary investor Warren Buffet. The sale was a part of the twenty first annual public sale for a lunch with Buffet, produced in collaboration with eBay and the Glide Basis, a San Francisco-based non-profit engaged on combating poverty, starvation, and homelessness.
The bidding began with $25,000 on June 12 and ended with $19,000,100 from an nameless bidder on Friday, in keeping with a information launch from eBay. This 12 months’s big sum is greater than 4 occasions the profitable bid of $4,567,888 in 2019 – the final public sale earlier than a hiatus because of the Covid-19 pandemic. 2019’s winner was cryptocurrency entrepreneur Justin Solar.
The thriller winner will take pleasure in a personal lunch with Buffet and as much as seven visitors at Smith & Wollensky Steakhouse in New York Metropolis, says eBay.
Sadly for aspiring buyers hoping to prime this 12 months’s document, that is the final 12 months of the “energy lunch” with Buffet. The annual public sale has raised over $53 million for Glide.
“On behalf of GLIDE and people we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his unbelievable contribution to our mission,” mentioned the group’s president and CEO Karen Hanrahan within the information launch.
The public sale was first began by the late Susie Buffet in 2000. Since 2003, eBay has managed the public sale.
“We’re extremely proud that Warren Buffett’s ultimate Energy Lunch has damaged our all-time document of funds raised, with all proceeds supporting GLIDE’s efforts to create pathways out of disaster and remodel lives,” mentioned eBay CEO Jamie Iannone within the launch.