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Bidding for Charity Lunch with Warren Buffett Begins June 6

Online bidding on EBay for the annual "Power Lunch" with Warren Buffett begins Sunday evening, June 6 and ends Friday, June 11 at 10:30p ET.

The minimum opening bid will be $25,000. All bidders must pre-qualify.

Last year's auction was won by Canada's Salida Capital with a bid of $1,680,300. Buffett hosted the high bidders last February, sitting down for steak and conversation at Smith & Wollensky in Manhattan. (See the WBW post Mr. Buffett: 'For a Million-Seven, You Can Call Me Warren.')

Warren Buffett hosts charity lunch at Smith & Wollensky in New York City.  Salida Capital CEO Courtenay Wolfe is at the far left in this screen grab from CNBC video.
Warren Buffett hosts charity lunch at Smith & Wollensky in New York City.  Salida Capital CEO Courtenay Wolfe is at the far left in this screen grab from CNBC video.

While that's a lot of money, the high bid did come in below 2008's winning bid of $2.1 million. It was also the first year since 2004 that we didn't see a new record high for the auction.

All of this year's winning bid will once again go to the Glide Foundation, a Buffett-endorsed group "working to alleviate human suffering and poverty in the San Francisco Bay Area."

Current Berkshire stock prices:

Class B:

Class A:

For more Buffett Watch updates follow alexcrippen on Twitter.

Email comments to buffettwatch@cnbc.com

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