If Temasek did better than Warren Buffet, then why no one beg to have lunch with its CEO???
Buffett enjoys $3.06m lunch
Every year, Mr Buffett auctions off one lunch and donates the proceeds to the Glide Foundation, which provides social services to San Francisco's homeless and poor. -- PHOTO: REUTERS
OMAHA (Nebraska) - IT'S EXTREMELY unlikely billionaire Warren Buffett would ever pay US$2.1 million (S$3.06 million) for lunch, because the Omaha investor prefers hamburgers and Cherry Cokes.
But Chinese investment fund manager Zhao Danyang paid that much to dine with Berkshire Hathaway's chairman and CEO on Wednesday as part of a charity auction.
During a CNBC interview before lunch, Mr Buffett joked that he hoped he wouldn't have to leave a 10 per cent tip afterward.
Every year, Mr Buffett auctions off one lunch and donates the proceeds to the Glide Foundation, which provides social services to San Francisco's homeless and poor.
A new lunch auction began on Sunday and runs through Friday. The top bid on eBay on Wednesday afternoon was US$135,678, but that is almost certain to grow before the auction ends. -- AP