OMAHA, Neb. (AP) — Paying more than $1 million for lunch may seem excessive, but when the price includes a private audience with revered investor Warren Buffett some people think it's worth it.
The annual online auction for lunch with Berkshire Hathaway's billionaire chairman and CEO started Sunday and runs through Friday evening. Past winners of the auction say the money they paid was a good investment, and they're glad it benefited the Glide Foundation, which provides social services to the poor and homeless in San Francisco.
Buffett said he always tries to make the several-hour lunch worthwhile, and he's never had a complaint.
“You want a person that bids the most to know they're getting something exclusive,” said Buffett, who only offers one such lunch a year.
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