Buffett Lunch Auction Ends
The winning bid for lunch with Warren Buffett this year was $620,100. The bidding was all done by five individuals and the winner, whose eBay name is "fastisslow," will be able to take 7 friends to lunch with Buffett. All the proceeds of the auction, which was the second highest charitable auction ever on eBay, will all go to the Glide Foundation, a non-profit San Francisco group that provides services and food to the homeless.
The most expensive charity auction on eBay was for a celebrity-autographed Harley that sold for over $800,000, and the next most expensive was a lunch with Tiger Woods, which sold in 2001 for $425,000.