The grand finale Power of One Charity Lunch with Warren Buffett drew a winning bid of $19,000,100 last week. The winner of the auction has chosen to remain anonymous.
The record-breaking bid earned the winner a private lunch with Buffett and up to seven guests at Smith & Wollensky Steakhouse in New York City.
“It’s been nothing but good,” Warren Buffett has said about the lunch. “I’ve met a lot of interesting people from all over the world. The one universal characteristic is that they feel the money is going to be put to very good uses.”
This is the first year the auction has been held since the start of the COVID-19 pandemic.
The Power of One Charity Auction Lunch was launched in 2000. The winning bids have ranged from $25,000 to this year’s highest-ever bid of $19,000,100, bringing the total raised for the GLIDE Foundation to more than $53 million. For the past 18 years, eBay has powered the Warren Buffett Power of One Lunch on the eBay for Charity platform, opening the auction from just local donors to eBay’s global charitable community.
“On behalf of GLIDE and those we serve, I thank Warren Buffett for his unwavering generosity, partnership and dedication, and for his incredible contribution to our mission,” said GLIDE President and CEO Karen Hanrahan. “GLIDE continues to turn this generosity into opportunity and impact for thousands of people most in need. This record-breaking auction could not have come at a better time as we extend our reach to transform more lives and more systems during a time of crisis and inequity. While this is the grand finale event for the Power of One Charity Auction Lunch, we look forward to many more years of treasured friendship with Warren Buffet and our longtime partner, eBay.”