When is a $1M meal a bargain? When it's with Warren Buffett

When is a $1M meal a bargain? When it's with Warren Buffett. This year's winning bid for the annual charity get-together is way down from last year's. See how the market for lunch with the Oracle has changed over the years.
NOV 04, 2013
By  John Goff
Warren Buffett's annual lunch auction, a fundraiser for San Francisco's Glide Foundation, raised about $1 million, less than a third of last year's total. The event drew 106 bids from 8 people, according to EBay Inc.'s website. The winner, who wasn't immediately identified, and seven companions get to dine with Buffett at the Smith & Wollensky steakhouse in New York. Buffett, 82, the world's third-richest man, has promised to donate his fortune to charity and has sought similar commitments from other billionaires under the Giving Pledge campaign. He has helped raise $15 million for Glide with his lunch auctions, including last year's winning bid of $3.46 million. Here are the Glide Lunch With Warren Buffett Results: Year Winner Winning Bid 2000 Anonymous $25,000; 2001 Anonymous $18,000 2002; Anonymous $25,000; 2003 David Einhorn, Greenlight Capital $250,100; 2004 Jason Choo, Singapore $202,100' 2005 Anonymous $351,100; 2006 Yongping Duan, California $620,100; 2007 Mohnish Pabrai, Guy Spier, Harina Kapoor $650,100; 2008 Zhao Danyang, China $2,110,100; 2009 Salida Capital, Canada $1,680,300; 2010 Ted Weschler $2,626,311 2011 Ted Weschler $2,626,411; 2012 Anonymous $3,456,789

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