Bids for Lunch With Warren Buffett Top $350,000 in One Day


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NEW YORK (TheStreet) -- Bidding for the 15th annual GLIDE Foundation Warren Buffett lunch auction has already topped $350,000 -- just one day after starting at $25,000.

VIDEO TRANSCRIPT:

Always wanted a sit-down with the Oracle of Omaha? Now's your chance, but it will cost you.

The 15th annual GLIDE Foundation Warren Buffett lunch auction has officially gotten underway. Bidding started at $25,000 on June 1 and hit six figures within an hour. At last check, the top bid rings in at $350,300.

The winner will receive a lunch with Buffett and up to seven friends at Smith & Wollensky in New York. All proceeds from the auction will go to GLIDE, a San Francisco charity that works for the poor and homeless.  Buffett's first wife, Susie, had been a volunteer for the charity, for which he has raised nearly $16 million since 2000. The lunch has been auctioned off for as little as $25,000 and as much as $3.4 million in 2012.

As chairman and CEO of Berkshire Hathaway (BRK.A), Buffett has business ties to San Francisco as well. Berkshire Hathaway owns Business Wire and See's Candies, both of the Bay Area.

You'll have to pre-qualify if you'd like to bid for the lunch. The auction ends Friday evening. 

In New York, I'm Brittany Umar for TheStreet.

-- Written by Brittany Umar in New York.

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