New Delhi. Having a private lunch with investment guru Warren Buffett, one of the top 10 richest people in the world, is a dream come true for many. This is the reason why crores of rupees are bid for a lunch with him. This time the bidding broke all the previous records. A private lunch with a veteran investor has seen a bid of $19 million. This would be Rs 148 crore in Indian Rupees.
It is a charity lunch and the bid amount is donated to the Glide Foundation. It will be the 21st anniversary of this lunch. The Charity Luncheon with Warren Buffet is being held for the last time and this is probably the biggest reason for the bidding so high.
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where was the bid
The bidding was conducted on the e-commerce site eBay. Earlier the program was held in 2019. Then for this private lunch, cryptocurrency investor Justin Sun won by bidding $ 4.5 million (Rs 35 crore). In 2011, the bid was won by Ted Wesler, who went on to become Berkshire’s portfolio manager. No information has been made public about who is the winner of this time. In addition to the winner, 7 more people will attend the lunch.
what will happen to the amount
The amount received from the bid will go to Glide Foundation. It is a charity organization that helps the poor, homeless and people suffering from drugs. Glite Foundation runs many programs for home, training for employment, distribution of medicines and children.
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When did this event start
For the first time this lunch was organized in 2000. After which it was now the 21st bid. Through this charity lunch, Buffett has donated $53 million to Glide so far. Apart from this, Buffett has announced to donate his entire property.
How much is Buffet’s property
Warren Buffet is one of the richest people in the world. According to Forbes, he is ranked 7th in the top 10. The 91st-year-old Buffett has a net worth of about $94 billion.
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Tags: investment, USA share market
FIRST PUBLISHED : June 21, 2022, 08:51 IST