If you have an extra $2.8 million lying around the home and you feel like hanging out with the “Wizard of Omaha,” then I have a great deal for you! For those not familiar with what I am talking about, each year, the CEO of Berkshire Hathaway (BRK.B), Warren Buffett, auctions off an invitation to lunch with him on eBay (EBAY). The proceeds go to GLIDE, a charity that runs a number of anti-poverty programs in San Francisco.
The winner can bring up to seven friends along to the lunch. They typically dine at Smith & Wollensky steakhouse in New York City. Since 2004, Alan Stillman, founder of Smith & Wollensky, has donated at least $10,000 each year to GLIDE to host the lunch.
"The divides are getting bigger between the haves and have-nots. Mr. Buffett inspires others who have the means to help bridge that divide," said Janice Mirikitani, co-founder of GLIDE, per a report from CNN Money. Last year, Singaporean businessman Andy Chua paid $2.2 million to dine with Buffett. The highest price ever paid for this power lunch was $3.5 million by an anonymous bidder in 2012.
Many bidders are hoping to attain the ultimate reward, the chance to work with the Wizard himself. However, in all the years of this contest, only former fund manager Ted Weschler went on to work for Berkshire Hathaway after he spent nearly $5.3 million total to win two consecutive auctions.
After holding steady at $230,300 for two days, two anonymous parties ramped up their bids, with the latest coming in Friday at $2.8 million. This year's bids are still short of the $3.5 million record, but compared with the past few years, the 2016 bidders are hitting high numbers very early.
So, if you’re someone reading this and have that sort of cash at your disposal, just click here and it will take you directly to the eBay page to place your bid. Bidding started this past Sunday and ends Friday (today) at 9:30 PM ET.
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