Lunch with Buffett goes for over $1.6M

June 26, 2009 8:39:57 PM PDT
The deadline to bid on the annual power lunch with billionaire investor Warren Buffett came early on Friday evening.

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The eBay auction closed at 7 p.m.

At about 6 p.m. the highest bid stood at just over $1 million, but in the end went to an anonymous bidder for $1,680,300.

The money collected goes to San Francisco's Glide Memorial Church, a favorite charity of Buffett's late wife, a former Bay Area resident.

Last year's winner, a Chinese hedge-fund manager, paid $2.1 million for the privilege. He and a few friends sat down with Buffett on Wednesday at a New York steakhouse.

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