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
Lee: Singapore must get its politics right
Sword-wielding man identified as Peter Chua
Philippines has right to defend its territory like China
Fake Heather Chua under investigation
China hits back at US in human rights report
Good Samaritans lend stranded mother and child a hand
Boxing great Muhammad Ali hospitalised with pneumonia
India Hindu group to press ahead on conversions in challenge to PM Modi
North Korea denies hacking Sony, U.S. stands by its assertion
Ladies, time to stand up and fight for your man
Looking out for your ears
Boxing great Muhammad Ali hospitalized with pneumonia
Extroverts are better protected against infections
Online travel searches for Cuba spike 300% following Obama news
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)