How Much Will Warren Buffett's Charity Lunch Fetch This Year?
The lunch is up for bid on eBay until June 11, 2010 at 7:30 pm PDT. As usual Buffett will dine with the winning bidder and up to seven friends at Smith & Wollensky in New York. All bidders must pre-qualify and the opening bid is $25,000. Last year the auction brought in $1.68 million and Buffett has made as much as $2.1 million for Glide with this annual offer. The Wall Street Journal reports that past auctions have raised about $6 million in total for the foundation. On June 11 the last hour of bidding will be broadcast on a screen for the crowd at a fundraising dinner for the organization.