Home > Terms > English, UK (UE) > Buffett Lunch Auction

Buffett Lunch Auction

Warren Buffett's famous one-on-one lunch meeting with anyone with the highest bid to pick his brains on investment or any other topics relating to life in general. All proceeds from the lunch auction go to the Glide Foundation in San Francisco. The Glide Foundation feeds and supports the poor and disenfranchised with more than 750,000 meals being served each year. They also operate a medical clinic and organize youth job training for the unemployed. To date, Buffett's power lunch has generated more than $6 million in proceeds.

The first two lunch auctions were conducted off line and the winning bids were very close the initial minimum requirement. The lunch action has since been conducted on eBay with winning bids surpassing $1 million.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Philosophy Category: General philosophy

Sungazing

The act of staring directly at the rising or setting sun in the belief that such act will provide nourishment or spiritual fulfillment. Some sungazers ...

Featured blossaries

South Asian Sweets

Category: Food   1 7 Terms

Top 20 Website in the World

Category: Technology   1 22 Terms

Browers Terms By Category