"This Year Is the Last Chance"... 'Lunch with Buffett' Auction Surpasses 3.8 Billion Won in One Day

The highest winning bid ever reached 5.8 billion KRW

Warren Buffett, Chairman and CEO of Berkshire Hathaway
[Image source=Yonhap News]

[Asia Economy Reporter Kang Woo-seok] The annual charity event "Lunch with Buffett," hosted by Warren Buffett, Chairman and CEO of Berkshire Hathaway, is once again attracting intense attention this year.

The auction for "Lunch with Buffett" began on the 12th (local time) on eBay. The starting bid was $25,000 (approximately 32 million KRW).

The bid price soared to $3,000,100 (approximately 3.86 billion KRW) in less than a day after the auction started.

The auction is scheduled to end on the 17th, and the price is expected to rise further. Especially since "Lunch with Buffett" is planned to be discontinued after this year, competition is expected to become even fiercer.

The highest winning bid in the history of "Lunch with Buffett" was $4,567,888 (approximately 5.88 billion KRW), placed in 2019 by the founder of the Chinese cryptocurrency "TRON."

Since 2000, Buffett has donated the winning bids from this annual charity event to the Glide Foundation, a San Francisco-based organization supporting the homeless. The total donations to date have reached $34 million (approximately 43.8 billion KRW).

The winning bidder will have lunch with Buffett at "Smith & Wollensky," a famous steakhouse in Manhattan, New York, accompanied by up to seven guests.

This content was produced with the assistance of AI translation services.