Holy cow! Warren Buffett's charity Ebay lunch auction brings in a record $2.1 million!
from
http://wallstfolly.typepad.com/wallstfolly/
That's more than three times last year's record auction haul of $650,100! This year's winner was Chinese hedge fund manager Zhao Danyang, manager of Pureheart China Growth Investment fund. His winning bid was a whopping $2,110,100.
Buffett has conducted annual auctions benefiting the Glide Foundation for the past nine years. The first three, not on Ebay, brought in $18-$25K a piece. Starting in 2003, the auctions were listed on Ebay, with Greenlight Capital's David Einhorn paying $250K for lunch with Buffett. The bids have mostly escalated higher ever since culminating in this year's humongous record.
Heres the link
Warren Buffett Power Lunch to Benefit Glide Foundation - eBay (item 290240743739 end time Jun-27-08 19:00:00 PDT)