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NEW YORK, June 2 – An anonymous bidder has agreed to pay a record $ 4,567,888 (RMB 19,311,000) at a charity auction held annually for a private luncheon with Warren Buffett, billionaire president of Berkshire Hathaway Inc ..
The winning bid, which was submitted at a five-day online auction on eBay and ended Friday night, was nearly a third higher than the previous record of US $ 3,356,789 in auction bids for 2012 and 2016.
The benefits will accrue to the Glide Foundation, a charitable organization in San Francisco's Tenderloin District, serving the poor, homeless or those struggling with substance abuse.
Buffett, 88, has raised about US $ 34.2 million for Glide in 20 annual auctions, which began in 2000 and was transferred to eBay in 2003.
His first wife, Susan, who died in 2004, introduced him to Glide after volunteering for the foundation.
"Mr. Buffett is delighted. We just talked to him, "Glide president Karen Hanrahan told Reuters at the end of the auction.
"Mr. Buffett is committed to continuing the auction as long as he can. He has been a thoughtful partner in reflecting on Glide's future and how to prepare it for the next 50 years. "
The winning bidder and up to seven friends can dine at Smith & Wollensky's steakhouse restaurant in Manhattan with Buffett, who said he would discuss anything other than his next investments.
This year's auction attracted 18 bids from five bidders.
The best bid would also be enough to buy 15 Clbad A or 23,137 shares of Berkshire, based in Omaha, Nebraska, with more than 90 businesses, including Car Insurer Geico and the railroad. BNSF.
Past winners include hedge fund manager David Einhorn of Greenlight Capital in 2003 and Ted Weschler, who is now one of Buffett's portfolio managers at Berkshire in 2010 and 2011.
Glide's budget covers approximately 2,000 free meals a day, shelter, HIV and hepatitis C testing, job training, as well as child care and day care programs.
"What this means for us as an organization: it's huge," said Hanrahan, referring to the auction. "It will help many thousands of people in this city."
According to Glide, these bidders won their bids:
2000: Pete Budlong, 25,000 USD
2001: Jim Halperin and Scott Tilson, $ 20,000
2002: Jim Halperin and Scott Tilson, 25,000 USD.
2003: David Einhorn, Greenlight Capital, $ 250,100
2004: Jason Choo, Singapore, $ 202,100
2005: Anonymous, 351,100 USD
2006: Yongping Duan, California, US $ 620,100
2007: Mohnish Pabrai, Guy Spier and Harina Kapoor, $ 650,100
2008: Zhao Danyang, Pure Heart Asset Management, China, 2,110,100 USD
2009: Courtenay Wolfe, Salida Capital, Canada, US $ 1,680,300
2010: Ted Weschler, 2,626,311 USD.
2011: Ted Weschler, $ 2,626,411 USD
2012: anonymous, 3,456,789 USD
2013: Anonymous, 1,000 USD
2014: Andy Chua, Singapore, $ 2,166,766
2015: Zhu Ye, Dalian Zeus Entertainment Co., China, USD 2,345,678
2016: Anonymous, US $ 3,356,789
2017: anonymous, 2 679 001 USD
2018: Anonymous, 3,300,100 USD
2019: Anonymous, 4,567,888 USD – Reuters
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