Home > News > Regional
Monday June 9, 2014 MYT 12:00:00 AM
Monday June 9, 2014 MYT 9:00:09 AM
Singapore’s Andy Chua has won the right to dine with the world’s third-richest man Warren Buffett.
Chua won the privilege of a dinner with Buffett, one of the savviest stock investors in the world, with a single bid of US$2.1mil (RM6.9mil).
The proceeds will benefit a San Francisco charity.
The Omaha World-Herald reported that Chua and seven guests will get to meet Buffett, the Chief Executive of Berkshire Hathaway, in Manhattan for lunch at Smith & Wollensky, a 10-restaurant chain of steakhouses with small-batch bourbons and deep-polished wood, where a shrimp cocktail goes for about US$20 (RM64) and the long bone rib-eye close to US$70 (RM224).
Bidding started last Sunday at US$25,000 (RM80,325). By Tuesday, the US$500,000 (RM1.6mil) mark had been reached. The bidding surpassed US$1mil (RM3.2mil) on Wednesday. On Friday evening, there was a flurry of late bids.
Bloomberg News reported that Chua was the 12th and final hopeful to bid with less than 10 minutes to go in the auction on Friday evening.
The winning bid was more than double last year’s US$1mil (RM3.2mil) winner, the Omaha World-Herald said.
The yearly event draws Buffett’s admirers because they want to spend time with a historic figure, said Mohnish Pabrai, who was part of 2007’s winning group.
“There’s a very simple, acceptable way to bribe him to a meal,” Pabrai told Bloomberg after the auction on Friday. — The Straits Times / Asia News Network
Tags / Keywords:
World, Regional, world
Indonesia vows to protect cave paintings
Veteran actor to play LKY in ‘1965’
Two Koreas exchange border fire
4,000 take part in Mount Fuji eruption drill
S. Korea police: Lack of security measures to control spectators
Air strikes kills around 25 Islamic State fighters in Iraq - residents
Australian convicted in child sex sting using virtual girl
Catalans: independence drive will intensify unless Madrid negotiates
China to send orbiter to moon and back
Pope Francis plays long game to reform Catholic Church
Malaysia's defence minister hopeful MH370 will be found
Another season in Moto2 beckons Hafizh next year
Inspired by precious gemstones: Bulgari's line of Le Gemme perfumes
Hong Kong for the pleasure of business travellers
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)