Anonymous bidder shells out $3.3 million for lunch with Warren Buffett

Warren Buffett White House

The billionaire investing guru has auctioned off his company at lunch for 19 years running to raise money for the Glide anti-poverty organization in San Francisco, California.

An anonymous bidder with deep pockets spent over $3 million to have lunch with billionaire investing legend Warren Buffett .

For the 19th year in a row, the octogenarian CEO of Berkshire Hathaway auctioned off a lunch date to raise money for Glide, an anti-poverty organization in San Francisco, California. When the auction closed late Friday, the winning bid topped $3.3 million according to the online event hosted by EBay for Charity.

Over the years, Buffett's charity lunches have raised almost $26 million, according to information provided by EBay for Charity. (Including additional gifts donated after the auctions have closed, the event has raised more than $26 million.)

The winner can bring up to seven friends for the lunch at Smith & Wollensky steakhouse in New York City.

This year's winning bid fell narrowly short of the highest sum the lunch has fetched so far, which was $3,456,789. Anonymous bidders paid that exact sum both in 2012 and in 2016, according to a information provided by EBay for Charity.

Bidding for the lunch began at $25,000.

"Glide really takes people who have hit rock bottom and helps bring them back," said Buffett, in a written statement about the auction. "They've been doing it for decades. If I can help out by raising some money for them, then I enjoy doing it."

Glide is a church with an extensive charity outreach program, offering meals, access to health care and shelter, childcare and family services.

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