The amount broke the record set in 2019 by Justin Sun.
In the 21st and quite possibly last time it will be auctioned off, a lunch with Warren Buffett has a broken record, selling for $19 million.
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This amount is almost four times the amount of previous record-holder Justin Sun, who paid $4.5 million for the privileged meal with the Berkshire Hathaway chairman and CEO. This year’s winning bidder has chosen to remain anonymous.
Buffett, who is in the top 10 of the wealthiest men alive according to the Bloomberg Billionaires Index, has been auctioning off a meal with him since 2000. In 2020 and 2021, no such auction was held because of the worldwide COVID pandemic.
As always, proceeds from the sale will go the Glide Foundation. The San Francisco-based non-profit describes itself as a “nationally recognized center for social justice, dedicated to fighting systemic injustices, creating pathways out of poverty and crisis, and transforming lives.”
Glide particularly helps out those who are poor, homeless, or battling substance abuse by offering meals and shelter, medical services, and job training. Buffett’s late wife Susan Thompson was the one who introduced him to the organization. These annual auctions has so far raised $53.2 million for Glide.
At one point in 2008, Forbes estimated Buffett to be the richest man in the world, worth approximately $62 billion. The following year, his valuation dropped to $37 billion after donating a significant portion of his wealth to charities.
This year, he is estimated to be have about $93 billion. Berkshire Hathaway wholly owns such brands as Duracell, Dairy Queen, and Fruit of the Loom and has sizable stakes at Kraft Heinz, American Express, Bank of America, Coca-Cola, and Apple.
The 91-year-old has publicly pledged to donate nearly all of his wealth to charitable organizations.
