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Jun22
No Sign of Warren Buffett Lunch on eBay
warren-buffet.jpgCNN reported that a lunch with Warren Buffett would be auctioned on eBay Today, but as of 6PM Pacific Time, there was no sign of the auction.

CNN:

Billionaire Warren Buffett will auction another lunch on eBay Inc.'s (Charts) Web site on Thursday to benefit a San Francisco non-profit, in what has become an annual tradition that last year raised $351,100 from an anonymous bidder.

The Glide Foundation, which offers programs for the poor, hungry and homeless, announced the auction on its Web site.

As in previous years, the world's second-richest person will host the winner and up to seven friends.

Smith & Wollensky Restaurant Group Inc. (Charts), the steakhouse chain, will host this year's lunch in New York.

Previous lunches were offered in New York or in the 75-year-old Buffett's hometown of Omaha, Nebraska, where his insurance and investment company Berkshire Hathaway Inc. (Charts) is based.

The lunches began in 2000 after Buffett's wife Susan, who died in 2004, introduced him to the Rev. Cecil Williams' Glide Memorial United Methodist Church.

"People read about Warren Buffett or see him on television, talking about Glide," Williams said in an interview. "He knows about Glide. To have his commitment, as we try to meet our $12 million annual budget, is unbelievable."

Until moving to eBay in 2003, the auctions were held live, with winning bids of $25,000 to $32,000, Williams has said.

 

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