Will you pay $2,345,678 for a lunch with Buffett?
It wasn’t a record, but $2,345,678 is still a lot of money for lunch with nine people — even if one of them is billionaire investor Warren Buffett.
The apparent winning bid in the 12th annual lunch with Buffett was announced Friday at a fundraising event in San Francisco. The winning bid was made Monday, when an anonymous bidder topped the previous offer by $100, resulting in the bid of sequential ascending numerals that held up for the remaining four days of bidding.
There were seven bids in the auction on eBay, with the first bid of $25,000 coming Sunday. Bidding ended at 10:30 p.m. ET Friday.
The winner will have lunch with the so-called "Oracle of Omaha" and up to seven guests of the winner’s choice at the Smith & Wollensky steak house in New York City at a date to be determined.
The proceeds will go towards Glide, an organization that benefits poverty-stricken residents of the San Francisco Bay area.
"We do raise money, and money counts, so I urge people to unbutton their wallet, to pull out a check, to reach into the purse, whatever it takes, and contribute," said Buffett, in a video on Glide’s website.