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Bidder makes $3.3m pledge for lunch with billionaire investor Warren Buffett

Warren Buffett has donated billions to charities
Image:Warren Buffett has donated billions to charities
An anonymous auction bidder has pledged $3.3m (£2.5m) to have lunch with the billionaire investor Warren Buffett.
The 87-year-old chairman of Berkshire Hathaway Inc - who earlier this year placed third on the latest Forbes rich list - has been offering the exclusive meal for the past 19 years to help raise money for charity.
In 2012 and 2016, the eBay auction saw the opportunity sell for $3.5m (£2.6m), and the latest edition drew 136 bids from just six bidders between Monday and Friday.
The winning bidder will be able to invite up to seven friends for the luxurious dining experience at the Smith & Wollensky steakhouse in Manhattan, with Mr Buffett promising to discuss anything and everything - apart from what he might invest in next.
The foundation helps homeless people in San Francisco
Image:The foundation helps homeless people in San Francisco
All the money raised from the auction helps cover the $20m (£15m) annual budget of the Glide Foundation - a San Francisco-based charity dedicated to helping the poor, homeless, and those fighting substance abuse.
The budget goes towards providing hundreds of thousands of free meals, shelter, HIV tests, job training, children's day care, and after-school programmes.
Mr Buffett - a world-renowned investor whose stock picks and market commentary are closely followed - has raised a total of $29.6m (£22.2m) for Glide through the auctions.
"Glide really takes people who have hit rock bottom and helps bring them back," said Mr Buffett, who was introduced to the foundation by his late first wife Susan.

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