Buffett lunch auction wraps up Friday evening

RRN-Warren Buffett


OMAHA, Neb. (AP) _ The bids for a private lunch with billionaire investor Warren Buffett remain well below the record of $3,456,789 set in 2012, but the price is already higher than last year's winning bid.

The top bid Friday morning was a little more than $1.1 million, as the 15th annual online auction headed into its final hours. The biggest bids usually show up around the time the auction ends at 9:30 p.m. CDT Friday. Last year's winning bid was just over $1 million.

The winner gets to spend several hours at lunch with Buffett, who leads Berkshire Hathaway and is known for his investing prowess and philanthropy.

The auction benefits the Glide Foundation, which provides social services to the poor and homeless in San Francisco.

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