Warren Buffett's Charity Lunch Auction Fetches $9,001,000

Warren Buffett, the 95-year-old chairman of Berkshire Hathaway, has revived his annual charity event, "Lunch with Buffett," which fetched $9,001,000 in an auction. This marks the event's return after a four-year hiatus.

According to Yonhap News, Reuters reported that the charity auction held on eBay concluded with the winning bid of $9,001,000 (approximately 135 billion won) the previous day. The identity of the winning bidder has not yet been disclosed.

Since 2000, Buffett has hosted the "Lunch with Buffett" charity event annually, donating the proceeds to Glide Foundation, a San Francisco-based organization that supports the homeless. The event was last held in 2022 before being paused, and it resumed this year. The highest bid recorded was in 2022, when the auction closed at $19 million (approximately 285 billion won).

This year's lunch is scheduled for June 24 at Berkshire's headquarters in Omaha, Nebraska, where Buffett resides. Proceeds will benefit Glide Foundation and the "Eat.Learn.Play Foundation," established by NBA player Stephen Curry and his wife Ayesha Curry. The couple will join Buffett for the lunch in June.

Additionally, Buffett stepped down as CEO of Berkshire at the end of last year, passing the role to Greg Abel. However, he continues to serve as chairman and remains actively involved in investments.