Price of lunch with Warren Buffett climbs to $3.2million

A meal with billionaire investor Warren Buffett is now worth more than $3million.

Lunch with the Berkshire Hathaway CEO, 87, is up for auction to raise money for the Glide Foundation to help the homeless in San Francisco.

As of Friday morning, bids climbed up to a whopping $3.2million and could set a record this year. 

An auction lunch date with Berkshire Hathaway Chairman and CEO Warren Buffett might set a record this year as bids surpass $3.2million as of Friday

Meals with the famous investor – who has a net worth of $82.6billion – made history in 2012 and 2016 when auction winners paid a pricey $3,456,789 for a meal with the business magnate, marking the most expensive charity item ever sold on eBay. 

Last year the auction winner paid nearly $2.7million. 

Buffett has worked closely with Glide for years, auctioning off a lunch date with himself for the past 18 years, raising more than $26million for the organization.

Bids for a meal with Buffett close at 9:30pm Friday CDT.  

Bidders continue to pay high prices for the chance to talk with the renowned investor and philanthropist and the event raises a significant part of Glide’s $20 million annual budget.

Buffett supports Glide because of the remarkable work the charity does to help people. His first wife, Susie, introduced him to Glide after she volunteered there.

Susan Buffett pictured lending a helping hand to the Glide Foundation during the holidays

Susan Buffett pictured lending a helping hand to the Glide Foundation during the holidays

The Berkshire Hathaway CEO says his wife Susie, above, introduced him to the organization after volunteering there 

The Berkshire Hathaway CEO says his wife Susie, above, introduced him to the organization after volunteering there 

‘Glide really takes people who have hit rock bottom and helps bring them back. They’ve been doing it for decades,’ Buffett said.

Glide provides meals, health care, job training, rehabilitation and housing support to the poor and homeless.

Buffett has said he gets asked about a variety of topics during the lunch. The only subject that’s off limits is what Buffett might invest in next.

The winners of the lunch auction typically dine with Buffett at Smith and Wollensky steak house in New York City, which donates at least $10,000 to Glide each year to host the lunch.

A 2007 winner of the auction said the billionaire likes to order ‘a medium-rare steak with hash browns and a cherry coke’, according to CNBC. 

The CEO is famous for being a ice cream aficionado and lover of Cherry Coke.

Buffett’s company owns more than 90 companies including insurance, furniture, railroad, jewelry, utility and candy businesses.

Berkshire Hathaway, based in Nebraska, also has major investments in companies including Coca-Cola Co., Apple, American Express and Wells Fargo & Co.

  



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