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Well, no doubt about the integrity of Mr. Buffett as a "Fund Raiser" for the poor and needy, good on him .Buffett's company owns more than 90 subsidiaries including insurance, furniture, railway, jewellery and candy companies, restaurants and natural gas and corporate jet firms, and has major investments in such companies as Coca-Cola, IBM and Wells Fargo & Co.www.news.com.au...
The bid of $US3,456,789 from Friday night's winner ties the record highest from 2012, when a bidder also paid $US3,456,789 to become the most expensive individual charity item ever sold on eBay. The weeklong eBay auction to raise money for the Glide Foundation began on Sunday and wrapped up on Friday night. By midmorning on Friday, the bidding reached more than $US2.6 million, nearly $US300,000 higher than last year's winning bid by Beijing-based Dalian Zeus Entertainment Co. Six of the past eight winners paid more than $US2 million to dine with Buffett, the investor who leads the Berkshire Hathaway conglomerate. Buffett has raised more than $US20 million for Glide. The lunch auctions began after Buffett's first wife, Susie, showed him the charity, where she had been volunteering. Susie Buffett died in 2004, but the connection between Warren Buffett and Glide's founders has endured. Buffett has praised the foundation's approach in providing meals, health care, job training, rehabilitation and housing support to the poor and homeless.