Buffett Portrait Sells

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Posted: 8:48 PM Nov 20, 2008
Last Updated: 8:48 PM Nov 20, 2008
Reporter: Associated Press
Email Address: sixonline@wowt.com

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An eBay bidder has paid 100,000 dollars for a signed portrait of Omaha billionaire Warren Buffett painted in just 10 minutes.

The auction closed Thursday evening and drew just two bids -- both for 100,000 dollars -- from the same person.

All proceeds from the auction will benefit Girls Inc. of Omaha. The nonprofit group provides educational and recreational programs to girls.

Performance artist Michael Israel completed the portrait in May in front of a crowd waiting to enter the Berkshire annual meeting in Omaha.

The bidding didn't reach the levels of a lunch with Buffett, the chairman and CEO of Berkshire Hathaway.

In June, a Chinese investment fund manager agreed to pay 2,110,100 dollars to dine with the so-called "Oracle of Omaha."

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Posted by: Anonymous on Nov 21, 2008 at 10:32 AM
With as much money as Buffet gave to the Dems, his money will be protected by plenty of loopholes. Tax the top 5%? Yeah, right! Many of the top 5% bankrolled his campaign, and they're the ones who will get all of the tax loopholes. It'll be a trickle down theory of a whole different kind.

Posted by: bill on Nov 21, 2008 at 03:33 AM
Some things just really make me scratch my head! Sure Buffett supports, "tax me more" all of his money is now sheltered in non-profits. Pulling the wool over some, but not all.

Posted by: stan on Nov 20, 2008 at 10:52 PM
....why do Omahans fawn over this guy?