Bids Rolling In To Dine With Buffett

By: Associated Press Email
By: Associated Press Email

The bids have started to roll in for lunch with Omaha billionaire Warren Buffett.

The annual lunch auction started Sunday evening with a $25,000 minimum bid on eBay. The first bids didn't show up until Monday,
but the price quickly climbed to $51,000 by the afternoon.

The meal's final price won't be set until the auction closes Friday at 9:30 p.m. CDT.

The bids benefit the Glide Foundation, which provides social services to the poor and homeless in San Francisco.

Last year, Canadian investment firm Salida Capital paid $1.68 million to dine with the Berkshire Hathaway CEO. In 2008, a Chinese investment fund manager paid $2.11 million - the most expensive charity item eBay had ever sold.

The Smith and Wollensky restaurant in New York hosts the lunch.

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