The biggest year of the auction will also be the last. Since its inception in 2000, the fund has raised more than $ 53 million to support Glide, which offers programs to address poverty and homelessness, especially in San Francisco.
The winning bids over the years have come from financial figures such as hedge fund manager David Einhorn. Ted Weschler offered more than $ 5 million combined in two auctions before Berkshire hired him as an investment manager.
“It has only been good,” Buffett said in a statement after the auction ended. “I’ve met a lot of interesting people from all over the world. The only universal feature is that they feel that the money will be used very well. “
Bloomberg
Bloomberg