Posts Tagged ‘billionaire’

Buffett is Amazed His Charity Auction Lunch Drew a $2.1M Bid

July 2, 2008

A Chinese investment fund manager’s bid for the chance to have lunch with billionaire Warren Buffett was the largest ever in a charity auction on eBay and surprised even Buffett.

”It kind of blew me away,” Buffett said Tuesday.

Zhao Danyang of the Hong Kong-based Pureheart China Growth Investment Fund won the auction, which ended Friday evening with a bid of $2,110,100.

The Oracle of Omaha said the size of Zhao’s bid doesn’t mean the meal will stretch past the three hours Buffett usually spends with auction winners.

All of the auction’s proceeds go to the Glide Foundation, which provides social services to the poor and homeless in San Francisco. (more…)