80°F
weather icon Clear

Price of lunch with Warren Buffett already over $3.5M

OMAHA, Neb. — The price of a private lunch with investor Warren Buffett has already topped $3.5 million and the weeklong auction is just getting started.

The online auction that raises money for a California homeless charity started Sunday, and the top bid of $3,500,100 is already above the record price of $3,456,789 that bidders paid in 2016 and 2012.

Buffett, Berkshire Hathaway’s CEO, does this once a year to raise money for the Glide Foundation, which helps the homeless in San Francisco. Buffett has raised nearly $30 million for the charity over the years.

Buffett’s first wife, Susie introduced him to Glide after she volunteered there. She died in 2004, but the connection endured.

Buffett says he supports Glide because they help people in difficult situations find hope again in life.

Don't miss the big stories. Like us on Facebook.
Business Videos
Las Vegas casinos modify smoking policies - VIDEO
On June 18, Las Vegas Sands Corp. updated its health and safety plan to ask table game players and spectators to refrain from smoking or vaping.
Tourists compare pre-pandemic Vegas to today's restrictions - VIDEO
We spoke with tourists walking up and down Las Vegas Boulevard about their experience so far amid pandemic restrictions, and how it compares to their last time in pre-pandemic Vegas. (James Schaeffer / Las Vegas Review-Journal)
Boyd Gaming Corp. has laid off at least 2,500 Nevada employees - Video
On May 22, the casino operator issued letters warning of possible impending layoffs . affecting anywhere between 25 and 60 percent of employees. The company had approximately 10,000 employees in Nevada.
Cosmopolitan of Las Vegas gives notice of potential layoffs - VIDEO
The Cosmopolitan of Las Vegas sent the state notice of potential layoffs at the 3,000-room property on the Las Vegas Strip.
Is Nevada the ‘gold standard’ for casino coronavirus response? - Video
Whenever experts begin comparing gaming jurisdictions, you’re bound to hear the phrase “gold standard” dropped in the conversation. (Las Vegas Review-Journal)
Resorts World Las Vegas activates 100,000-square-foot LED screen - VIDEO
Resorts World Las Vegas activated its 100,000-square-foot LED screen on its west tower on Independence Day, showing a digital fireworks display. (Las Vegas Review-Journal)
Station Casinos president dies in watercraft accident - VIDEO
Richard Haskins, president of Red Rock Resorts Inc. and Station Casinos, died Saturday in a watercraft accident in Michigan, according to a statement released by the company. (Las Vegas Review-Journal)
Hockey arena opponents erred in ballot initiative - Video
Opponents of a minor league hockey arena in Henderson collected enough verified signatures to put the disputed project on the November ballot, but then a problem emerged: A procedural error on the petition.
Layoffs at 'The Drew' force staff to sue owner
Rj Business reporter Eli Segall talks about the lawsuit and the future of the unfinished hotel and casino.
Vegas tourists react to mask mandate - VIDEO
Governor Steve Sisolak announced on Wednesday a mandate to wear face masks starting Friday. Down on the Las Vegas Strip tourists reacted on camera to the news. (James Schaeffer / Las Vegas Review-Journal)
LVCVA #VegasSmart social media campaign brings awareness to wearing a mask - Video
Now that Gov. Steve Sisolak has announced requirements to wear masks in public settings in the state, the Las Vegas Convention and Visitors Authority will attempt to deliver the message to prospective visitors via their #VegasSmart social media campaign. (Heidi Fang/Las Vegas Review-Journal)
Nevada's unemployment crisis - Video
Thousands of jobless workers turned to the state for payments after the COVID-19 shutdown in March. DETR has struggled to handle record claims. (Las Vegas Review-Journal)
Caesars mandates guests to wear masks
Guests at Caesars Entertainment Corp. properties will be required to wear masks while inside its properties, effective immediately.
MGM Grand and Aria are reopening pool clubs - Video
MGM Grand’s Wet Republic Ultra Pool and Aria’s Liquid Pool Lounge plan to open July 2, according to a Wednesday statement from MGM Resorts International and Hakkasan Group. (Las Vegas Review-Journal)
Survey shows big reluctance to travel with coronavirus ablaze - VIDEO
Would-be travelers are becoming more pessimistic in their outlook about their safety when they travel. (James Schaeffer / Las Vegas Review-Journal)
Downtown's Circa resort will begin taking room reservations Wednesday - Video
Circa developer Derek Stevens confirmed that when the property opens on Oct. 28, persons under the age of 21 won’t be allowed. (Michael Quine/Las Vegas Review-Journal)
Downtown Las Vegas’ Circa resort will begin taking room reservations - Video
Downtown Las Vegas’ Circa resort will begin taking room reservations on Wednesday. (Las Vegas Review-Journal)
Culinary union expresses concerns about returning to work - Video
The Culinary union expresses its concerns about returning to work and the safety precautions that casinos are taking to ensure the safety of staff.
Bellagio poker room reopens with approval to host six-handed games - Video
The installation of plexiglass dividers between the players gave the Bellagio an edge over the other poker rooms open in Las Vegas. (Las Vegas Review-Journal)
Westgate reopens after coronavirus shutdown - Video
Jay Kornegay, vice president of Westgate Sportsbook, talks about the reopening of the casino on Thursday, June 18. (Rachel Aston/Las Vegas Review-Journal)
Final beam of Circa resort tower moved into place - Video
A crane whisked the final beam in the construction of downtown Las Vegas’ Circa resort property into place Friday morning, June 19, and crews paused momentarily, then continued working to ensure the casino's Oct. 28 opening. (Michael Quine/Las Vegas Review-Journal)
Paris Las Vegas reopens - Video
The Paris Las Vegas hotel-casino reopened its doors on June 18 after the statewide shutdown in response to COVID-19. (Mackenzie Behm/Las Vegas Review-Journal)
Masks required at casino table games in Nevada - Video
The state Gaming Control Board has ordered Nevada casinos to require players and spectators of most casino table and card games to wear protective face coverings.
Downtown Las Vegas’ Circa to open in October - Video
Circa resort-casino’s first five floors are set to open Oct. 28, according to CEO and developer Derek Stevens. (Michael Quine/Las Vegas Review-Journal)
Las Vegas movie theaters set July reopening date - Video
Las Vegas movie theater reopenings will start Regal, the valley’s largest exhibitor, announced Tuesday that it will reopen its theaters starting July 10, albeit in a modified fashion. (Heidi Fang/Las Vegas Review-Journal)
Contractors say they’re owed $36M for work done at Drew Las Vegas - Video
Three months after coronavirus turmoil shut off construction of the Drew Las Vegas, contractors have levied claims for more than $36 million in unpaid bills. (Heidi Fang/Las Vegas Review-Journal)
Contractors say they’re owed $36M for work done at Drew Las Vegas
Three months after coronavirus turmoil shut off construction of the Drew Las Vegas, contractors have levied claims for more than $36 million in unpaid bills. (Michael Quine/Las Vegas Review-Journal)
Many Las Vegas guests ignoring COVID-19 protocols
Casinos are putting safety first but many Las Vegas guests are not socially distancing.
As Las Vegas casinos reopen, not every employee is convinced it's safe to go back.
As Las Vegas casinos reopen, some employees aren't convinced it's safe to go back.
1.54M Americans filed for unemployment last week - Video
The U.S. Labor Department released the unemployment numbers on Thursday, June 11. (Las Vegas Review-Journal)
THE LATEST
American Airlines warns 25,000 workers they could lose jobs

American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on the airline industry.