$2.1 million for lunch with Warren. That’s 3x list years bid.
The big spender who won this year’s “Power Lunch with Warren Buffett” charity auction with a record high bid of $2,110,100 is Zhao Danyang of the Hong-Kong based Pure Heart China Growth Investment Fund, according to a spokesperson for San Francisco’s Glide Foundation.
Congratulations Mr. Danyang. Also Congraulations to San Francisco’s Glide Foundation.
Glide is also a big winner tonight as it gets 100 percent of the proceeds from the eBay Charity Works auction. The incredible bid is more than three times bigger than last year’s then-record $650,100 paid by investors Mohnish Pabrai and Guy Spiers. They collected their prize earlier this week.
Glide, described by Buffett in a live interview with CNBC this week as a “marvelous, marvelous” organization, will use the money to further its mission of helping the city’s poor and homeless. Buffett praises Glide’s founder, Cecil Williams, as a “remarkable man” who brings hope to “people the world has given up on.”
