Problem Solvers on Facebook
ENTER NOW: Win $600 on CBS 6 This Morning starting Monday

Bidding is open this week on eBay for lunch with Warren Buffett. The auction closes Friday. It’s already at $350K

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

NEW YORK (CNNMoney) — Bidding for the priciest power lunch of the year is now open.

Berkshire Hathaway CEO Warren Buffett offers to break bread once a year with the biggest spender in an eBay auction. All proceeds go to charity.

It’s a hot ticket item. Bidding got underway on Sunday night with an opening amount of $25,000. By Monday morning, the lunch was already going for more than $350,000.

Last year, the winner paid over $1 million, but that was far less than the record $3.5 million shelled out in 2012. Bidding will close on Friday, June 6, at 10:30 p.m. ET.

Now in its 15th year, the fundraiser will benefit the San Franciso-based GLIDE Foundation.

The annual lunch takes place at New York City steakhouse Smith & Wollensky, and the highest bidder will be allowed to invite up to seven friends. The exact date of the lunch will be agreed upon between Buffett and the winner.

Prior lunch guests claim the one-on-one time with Buffett is worth the price tag.

Known as the Oracle of Omaha, Buffett is one of the most famous investors in the world. Berkshire’s annual shareholder meetings attract tens of thousands who want to see him in person. His top holdings as of the first quarter were Wells Fargo, Coca-Cola, and American Express.

Buffett has long advocated for his charitable endeavors. He started The Giving Pledge in 2010, an effort that has signed up more than 100 billionaires around the globe, who have pledged to donate half of their net worth during their lifetime, or at their death.

1 Comment

  • doanld

    and at the same time you can have ebay hand over all your personal information to spammers and thieves because they could care less about protecting their users.Wanna have lunch with a old dude,go to a nursing home,its free and will make some guys day.sad people

Comments are closed.