Salida Capital wins lunch with Warren Buffett

July 8, 2009 3:42:27 PM PDT
Glide Church in San Francisco has announced the winner of its charity auction for lunch with investor Warren Buffett.

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Every year, Buffett has lunch in New York with the highest bidder as a benefit for Glide.

This year, the wealth management firm Salida Capital paid $1.6 million -- all of it will go to Glide.

The church issued a statement today saying it was "extremely thankful", and promised the money will go toward helping the poor and disenfranchised.

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