The final day of bidding for Warren Buffett’s last charity lunch just got interesting.
Q1 2022 hedge fund letters, conferences and more
As late as Thursday evening, the highest bid for a chance to eat with the billionaire investor and as many as seven guests at Smith & Wollensky in New York stood just above $3 million. But the amount jumped more than threefold to $11 million at 11:03 a.m. Friday in New York, then increased to $12.3 million within a half hour.
Whoever wins the bidding war will easily shatter the record set in 2019 by cryptocurrency entrepreneur Justin Sun, who paid $4.57 million for the meal with the Berkshire Hathaway Inc. chairman and chief executive officer. This year, there appears to be a back and forth between two of the five anonymous prospective diners, with a total of 34 bids so far.
Read the full article here by Max Reyes, Advisor Perspectives.
