The winning offer for a Buffett charity lunch auction set a record for the annual event at $US4.57 million . The winner, who chose to remain anonymous, can bring as many as seven friends to dine with the billionaire investor at Smith & Wollensky steakhouse in New York.
Among its various programs, Glide provides meals to the homeless in San Francisco, offers support to domestic violence victims and helps people find shelter."A lot of the trend lines around homelessness, poverty and inequality are getting worse. The lines outside of our doors keep getting longer," Glide Chief Executive Officer Karen Hanrahan said in a phone interview last week ahead of the start of the auction.
Why? The old geezer couldn’t make a dollar in today’s markets if he had to start from scratch.