Buffett bids pass $200,000
Published: June 25, 2009, 12:30 am
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OMAHA, Neb. (AP)—It’s extremely unlikely billionaire Warren Buffett would ever pay $2.1 million for lunch, because the Omaha investor prefers hamburgers and Cherry Cokes.
But Chinese investment fund manager Zhao Danyang paid that much to dine with Berkshire Hathaway’s chairman and CEO Wednesday as part of a charity auction.
During an interview before lunch, Buffett joked that he hoped he wouldn’t have to leave a 10 percent tip.
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.
A new lunch auction began Sunday and runs through Friday at 10 p. m. EDT. As of press time Wednesday, the top bid on eBay was $201,000, but that is almost certain to grow before the auction ends.
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