The Glide Foundation has partnered with legendary investor Warren Buffett to donate the fee for a lunch with him from his eBay “Power Lunch with Warren Buffett” auctions to their organization. He has raised over $32 million for the charity by sharing his lunch and his investment wisdom with the winning bidder. The bids rose quickly over time and by 2019, the lunch auction had a winning record bid of at an eye popping $4,567,888. The ‘Lunch with Buffett’ auction winners dine with Mr. Buffett at New York’s Smith and Wollensky steak house. The restaurant itself also donates a minimum of $10,000 to the charitable foundation just for the privilege to host the auction lunch every year.
Warren Buffett loves to eat steak, drink cherry cokes. and enjoy his meal.
“I eat like a six-year-old. … “I checked the actuarial tables, and the lowest death rate is among six-year-olds.” – Warren Buffett
What questions would you ask Warren Buffett who is one of the greatest investors and CEOs of all time if you had his attention for one hour over a meal? His current favorite company and what price he would buy it at? What simple investing system would he recommend for the average investor? What is the most important mathematical metric for an investor to look at? The options are both interesting and endless.
How much will this hour cost you?
Here are the lunch with Warren Buffett winning bids over the past two decades.
Year of the winning bid and the cost in U.S. Dollars:
2019 $4.57 million
2018 $4.23 million
2017 $2.68 million
2016 $3.46 million
2015 $2.35 million
2014 $2.16 million
2013 $1 million
2012 $3.46 million
2011 $2.63 million
2010 $2.63 million
2009 $1.68 million
2008 $2.1 million