- Bargaineering - http://www.bargaineering.com/articles -
Dine with Warren Buffett for Only $3,456,789
Posted By Jim On 06/19/2012 @ 7:15 am In Personal Finance | No Comments
Every year, Warren Buffett auctions off lunch with him at Smith & Wollensky, a steakhouse in midtown Manhattan, and every year the auction gets a ton of attention. Even through the recession, the auction fetched in the seven figures. The proceeds benefit the Glide Foundation, a not for profit organization in San Francisco that seeks to “break the cycles of multi-generational dependency, poverty, and low self-worth by providing a spiritual home of unconditional love.”
This year, the winner paid a record $3,456,789 to have a meal with Warren Buffett. There were 106 bids on the auction  and the price skyrocketed in the waning moments. We’ll see if the winner is revealed.
Here’s a history of who won previous auctions and how much they paid:
The crazy things about the 2010 and 2011 winner, Ted Weschler, is that it Buffett ends up hiring him (and Todd Combs) to running some of the company’s investments. He paid $5.25 million to get an interview with Warren Buffett (they skipped Smith & Wollensky, instead going to Omaha and dining at Piccolo’s)… and he landed the job!
Article printed from Bargaineering: http://www.bargaineering.com/articles
URL to article: http://www.bargaineering.com/articles/dine-warren-buffett-3456789.html
URLs in this post:
 Tweet: http://twitter.com/share
 Email: mailto:?subject=http://www.bargaineering.com/articles/dine-warren-buffett-3456789.html
 auction: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=290720763853&ssPageName=STRK:MESE:IT#ht_4250wt_1165
Thank you for reading!