$9 million meal? Warren Buffett and Stephen Curry charity dinner fetches record-breaking bid
The winner and as much as seven visitors will attend a non-public dinner on June 24 in Omaha, Nebraska, with Buffett, Curry and Curry’s spouse Ayesha Curry. The proceeds from the public sale might be shared between two non-profit organisations, Glide Basis and Eat. Study. Play.
In response to CNBC, Buffett has additionally agreed to match the profitable bid for every non-profit, taking the entire charitable contribution linked to the occasion to almost $27 million. The fundraiser combines two globally recognised personalities from very completely different worlds, Buffett, one among historical past’s most profitable traders, and Curry, one among basketball’s largest trendy stars.
Buffett, 95, constructed Berkshire Hathaway into one of many world’s largest conglomerates and is extensively often called the “Oracle of Omaha” for his long-term investing success.
Curry, in the meantime, is among the many most influential gamers in NBA historical past. The Golden State Warriors guard is a four-time NBA champion and two-time league MVP.
The public sale can also be one of many largest celeb charity fundraising occasions globally.
Buffett beforehand raised round $53.2 million for Glide by 21 charity lunch auctions held between 2000 and 2022. CNBC reported that the report for the best profitable bid in these auctions was set in 2022 at $19 million, which eBay described as the biggest quantity ever paid in a charity public sale on the platform.Glide, primarily based in San Francisco’s Tenderloin district, works with homeless people, low-income communities and other people battling substance abuse.
Buffett’s affiliation with Glide dates again many years and commenced by his late first spouse Susan Buffett, who volunteered with the organisation earlier than her demise in 2004.
The opposite beneficiary, Eat. Study. Play., was based by Stephen and Ayesha Curry and focuses on childhood vitamin, literacy and bodily exercise programmes.
The most recent fundraiser additionally displays Buffett’s long-standing method to philanthropy.
The billionaire investor has repeatedly argued that profitable companies and charitable organisations can work collectively to create wider social affect. He has pledged to donate practically all of his fortune, presently estimated by Forbes at round $143.5 billion, by a charitable belief overseen by his kids.
