Earlier this week we noted how Warren Buffett’s annual luncheon auction was off to a strong start. In mid-afternoon on Monday, the luncheon was bid up at just over $350,000. Now in mid-Wednesday afternoon, the bidding has eclipsed the $600,000 mark.
The proceeds are not for Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). They are for the GLIDE Foundation. The question to ask is what a lunch with one of the wealthiest men on the planet is worth, AND if it is worth it. Not too many people get to have lunch with Warren Buffett — ditto for lunch and breakfast.
eBay now shows that the auction has fetched some 59 bids, and the top bid is now $600,100.00. The official bidding ends on June 6, 2014, at 7:30 p.m. Pacific Time.
Bidding in 2013 ended at a somewhat disappointing $1,000,100 for lunch with Buffett. Still, prior years had seen much higher results above $2 million. The highest the auction has hit in any year was north of $3.45 million back in 2012.
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As we have reminded our readers, not all these luncheons are just charity for those who have lunch with, Buffett. He hired two-time auction winner Ted Weschler as a portfolio manager for Berkshire Hathaway.
A bid history on eBay is offered below, and of course this shields the bidders’ real names:
Member Id: s***l( 1 ) US $600,100.00
Jun-03-14 23:22:41 PDT
Member Id: r***1( 2 ) US $600,000.00
Jun-03-14 21:02:19 PDT
Member Id: s***l( 1 ) US $600,000.00
Jun-03-14 23:22:27 PDT
Member Id: s***l( 1 ) US $500,100.00
Jun-03-14 23:22:15 PDT
Member Id: r***1( 2 ) US $500,000.00
Jun-01-14 20:14:21 PDT
Member Id: s***l( 1 ) US $500,000.00
Jun-03-14 23:21:57 PDT
Member Id: s***l( 1 ) US $400,000.00
Jun-03-14 23:21:36 PDT
Member Id: s***l( 1 ) US $380,000.00
Jun-03-14 23:21:22 PDT
Member Id: s***l( 1 ) US $375,000.00
Jun-03-14 15:26:25 PDT
Member Id: m***a( 0 ) US $370,000.00
Jun-03-14 00:31:09 PDT
Member Id: m***a( 0 ) US $358,600.00
Jun-03-14 00:30:43 PDT
Member Id: m***a( 0 ) US $358,400.00
Jun-03-14 00:30:37 PDT
Member Id: m***a( 0 ) US $358,200.00
Jun-03-14 00:30:31 PDT
Member Id: m***a( 0 ) US $358,000.00
Jun-03-14 00:30:25 PDT
Member Id: m***a( 0 ) US $357,800.00
Jun-03-14 00:30:15 PDT
Member Id: m***a( 0 ) US $357,600.00
Jun-03-14 00:30:09 PDT
Member Id: m***a( 0 ) US $357,400.00
Jun-03-14 00:30:03 PDT
Member Id: m***a( 0 ) US $357,200.00
Jun-03-14 00:29:58 PDT
Member Id: m***a( 0 ) US $357,000.00
Jun-03-14 00:29:50 PDT
Member Id: m***a( 0 ) US $356,800.00
Jun-03-14 00:29:43 PDT
Member Id: m***a( 0 ) US $356,600.00
Jun-03-14 00:29:25 PDT
Member Id: m***a( 0 ) US $356,400.00
Jun-03-14 00:29:18 PDT
Member Id: m***a( 0 ) US $356,200.00
Jun-03-14 00:29:12 PDT
Member Id: m***a( 0 ) US $356,000.00
Jun-03-14 00:28:52 PDT
Member Id: m***a( 0 ) US $355,800.00
Jun-03-14 00:28:41 PDT
Member Id: m***a( 0 ) US $355,600.00
Jun-03-14 00:28:35 PDT
Member Id: s***h( 1 ) US $355,000.00
Jun-02-14 14:08:29 PDT
Member Id: j***w( 0 ) US $350,200.00
Jun-02-14 05:47:01 PDT
Member Id: a***k( 0 ) US $350,000.00
Jun-02-14 03:32:44 PDT
Member Id: a***k( 0 ) US $300,000.00
Jun-02-14 03:24:10 PDT
Member Id: a***k( 0 ) US $195,000.00
Jun-02-14 03:19:43 PDT
Member Id: a***k( 0 ) US $191,000.00
Jun-02-14 03:19:25 PDT
Member Id: a***k( 0 ) US $190,500.00
Jun-02-14 03:18:39 PDT
Member Id: a***k( 0 ) US $190,000.00
Jun-02-14 03:14:12 PDT
Member Id: a***k( 0 ) US $180,000.00
Jun-02-14 03:13:59 PDT
Member Id: a***k( 0 ) US $170,000.00
Jun-02-14 03:13:50 PDT
Member Id: a***k( 0 ) US $165,000.00
Jun-02-14 03:13:40 PDT
Member Id: a***k( 0 ) US $159,000.00
Jun-02-14 03:13:24 PDT
Member Id: a***k( 0 ) US $158,000.00
Jun-02-14 03:13:11 PDT
Member Id: a***k( 0 ) US $157,000.00
Jun-02-14 03:12:56 PDT
Member Id: a***k( 0 ) US $156,500.00
Jun-02-14 03:12:37 PDT
Member Id: a***k( 0 ) US $156,000.00
Jun-02-14 03:12:03 PDT
Member Id: a***k( 0 ) US $155,000.00
Jun-02-14 03:11:20 PDT
Member Id: 1***e( 8 ) US $151,100.00
Jun-02-14 01:44:49 PDT
Member Id: 1***e( 8 ) US $140,000.00
Jun-02-14 01:34:53 PDT
Member Id: 1***e( 8 ) US $125,000.00
Jun-02-14 01:33:58 PDT
Member Id: m***a( 0 ) US $102,000.00
Jun-01-14 23:25:19 PDT
Member Id: m***a( 0 ) US $101,400.00
Jun-01-14 23:24:56 PDT
Member Id: m***a( 0 ) US $101,200.00
Jun-01-14 23:24:30 PDT
Member Id: 1***e( 8 ) US $101,000.00
Jun-01-14 19:31:29 PDT
Member Id: s***h( 1 ) US $90,000.00
Jun-01-14 20:03:39 PDT
Member Id: s***h( 1 ) US $75,000.00
Jun-01-14 20:02:01 PDT
Member Id: s***h( 1 ) US $50,000.00
Jun-01-14 20:01:45 PDT
Member Id: s***h( 1 ) US $35,000.00
Jun-01-14 20:01:30 PDT
Member Id: s***h( 1 ) US $28,000.00
Jun-01-14 20:01:16 PDT
Member Id: i***2( 0 ) US $26,000.00
Jun-01-14 19:41:03 PDT
Member Id: i***2( 0 ) US $25,500.00
Jun-01-14 19:40:52 PDT
Member Id: i***2( 0 ) US $25,300.00
Jun-01-14 19:40:41 PDT
Member Id: i***2( 0 ) US $25,100.00
Jun-01-14 19:40:26 PDT
Starting Price US $25,000.00
Jun-01-14 19:30:28 PDT
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