Warren Buffett lunch gets $500,100 bid on eBay
Published June 27th, 2006
It will cost more than half a million dollars for a successful bidder to dine with Warren Buffett, with bidding for that privilege in an online charity auction on eBay Inc. now reaching a record $500,100.
Buffett, the 75-year-old chairman of Berkshire Hathaway Inc. (Charts), will dine with up to eight people, as he has since 2000, to benefit the Glide Foundation, a San Francisco non-profit that helps the poor, hungry and homeless.
Mohnish Pabrai, an Irvine, Calif., investor, placed the $500,100 high bid, topping a $500,000 bid from “fastisslow.” He also topped a $460,200 bid earlier Monday by “value4567.”
