Home > Terms > English, UK (UE) > Buffett Lunch Auction
Buffett Lunch Auction
Warren Buffett's famous one-on-one lunch meeting with anyone with the highest bid to pick his brains on investment or any other topics relating to life in general. All proceeds from the lunch auction go to the Glide Foundation in San Francisco. The Glide Foundation feeds and supports the poor and disenfranchised with more than 750,000 meals being served each year. They also operate a medical clinic and organize youth job training for the unemployed. To date, Buffett's power lunch has generated more than $6 million in proceeds.
The first two lunch auctions were conducted off line and the winning bids were very close the initial minimum requirement. The lunch action has since been conducted on eBay with winning bids surpassing $1 million.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Personal investment management
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Instant noodles
Are dried or precooked noodles fused with oil and often sold with a packet of flavoring. Dried noodles are usually eaten after being cooked or soaked ...
Contributor
Featured blossaries
Browers Terms By Category
- Prevention & protection(6450)
- Fire fighting(286)
Fire safety(6736) Terms
- Mapping science(4042)
- Soil science(1654)
- Physical oceanography(1561)
- Geology(1407)
- Seismology(488)
- Remote sensing(446)
Earth science(10026) Terms
- Printers(127)
- Fax machines(71)
- Copiers(48)
- Office supplies(22)
- Scanners(9)
- Projectors(3)
Office equipment(281) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)
Dairy products(1013) Terms
- Hand tools(59)
- Garden tools(45)
- General tools(10)
- Construction tools(2)
- Paint brush(1)