Billionaire Warren Buffett auctions off private lunch for charity
Yahoo Finance Live's Brad Smith breaks down the bidding window for winning a private lunch with Berkshire Hathaway CEO Warren Buffett via an eBay auction.
Video Transcript
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- Welcome back to Yahoo Finance Live, everyone. Have you ever wanted to have lunch with Warren Buffett and 7 of your closest friends? Well, now might be your last chance, as the billionaire auctions off a private meal to raise money for the Glide Foundation for the last time. Of course, you have to have some serious cash to enter this long-running auction.
It begins on eBay on June 12 with an opening bid of $25,000. Every winning bid since 2008 has topped, get this, $1 million, allowing Buffett to raise $34.5 million over the years for the charity. The only topic that is off-limits is what Buffett might buy next.
You're taking a look at shares of Berkshire Hathaway on the day. Yeah, fractionally down is where they ended in extended hours, actually, moving that direction. But we'll see exactly where the end in winning bids come in.
- 25 Gs, that's up your alley, Brad. You got that in your pocket.
