Warren Buffett charity lunch auction opens on Ebay with $25,000 bid

Warren Buffett has raised close to $30 million for a San Francisco charity with 19 years of annual auctions, and he is not finished yet.

Bidding on EBay Inc’s website opened on Sunday evening in the United States (US) at $25,000 as the billionaire investor is again offering a chance to pick his brain over lunch at a New York steakhouse. The week-long auction benefits Glide, whose programs address hunger, poverty and homelessness.

The tech boom has generated billions of dollars in personal fortunes in San Francisco and adjoining Silicon Valley, driving up living costs and contributing to a housing crisis. The city’s department of homelessness says that around 8,000 people are on the streets. Glide Chief Executive Officer (CEO) Karen Hanrahan said she’s seeing longer lines of needy folks outside the charity’s doors.