A bidder at an auction conducted in San Francisco Thursday night and on auctioneer eBay Inc.'s Web site agreed to pay $250,000 to lunch with Warren Buffett, the world's second richest man.The auction was sponsored by San Francisco magazine and the Glide Foundation, a non-profit organisation offering programmes to the poor, hungry and homeless in San Francisco.
Buffett, the billionaire chairman of holding company Berkshire Hathaway Inc., will donate the proceeds to Glide.
Glide said on Friday the lunch went for a higher bid than the past three years' lunches with Buffett combined.
The buyer can take delivery in New York or Omaha.