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Warren Buffett's stock has risen. The winning bid in his annual charity lunch auction last week was $3.46m, equalling the record amount raised in 2012. The winner chose to remain anonymous. This year's lunch companion paid 47% more than last year, when the meal was won by the boss of a Chinese online gaming firm.
Since 2000, Buffett has raised over $20m for San Francisco-based charity, Glide, which helps the poor. The winner dines with the investment legend at New York's Smith & Wollensky steakhouse. The first three auction winners paid a mere $25,000 each.
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Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
