> Warren Buffett Blog: Chinese company pays $2.3 billion for lunch with Warren Buffett

Monday, June 8, 2015

Chinese company pays $2.3 billion for lunch with Warren Buffett

A Chinese gaming company won this year’s charity auction for lunch with Warren Buffett Friday night, displaying a sense of humor with a bid of $2,345,678. The amount was not a record, but was higher than what fans of Mr. Buffett have paid in the past couple of years.

Da Lian Zeus Entertainment Co., an online gaming firm based in Beijing, was the winner of the 16th annual auction, according to a statement from the Glide Foundation, the San Francisco charity that receives the proceeds from the auction each year. 

The bidding was done on behalf of the company rather than individuals. That the winning bid came from China reflects the fact that Buffett and his firm Berkshire Hathaway have been picking up Chinese fans by the droves in recent years. More than 200 Chinese investors attended the Berkshire annual meeting in Omaha last month.

Last years winning bidder was Andy Chua of Singapore who paid $2.16 million to lunch with Mr Buffett