Bidding Tops $300K for Warren Buffett Charity Lunch as Deadline Nears


With just under four hours remaining, bidding has topped $300,000 in this year's "Power Lunch with Warren Buffett" charity auction.

That's less than half of last year's record $650,100 high bid, but as anyone who has been on eBay knows, savvy bidders hold back until the last few minutes. So far, nine bidders have made a total of 52 bids.

The auction ends at 10p ET tonight (Friday.)

Last year's winners, who collected their prize at New York's Smith & Wollensky Steakhouse on Wednesday, told us the experience was "worth every penny" of that $650K-plus.

The money goes to one of Buffett's favorite charities, the Glide Foundation, which helps San Francisco's poor and homeless.

In a live interview with CNBC this week before sitting down with last year's winners, Buffett called Glide a "marvelous, marvelous" organization run by a "remarkable man" named Cecil Williams who brings hope to "people the world has given up on."

Current Berkshire price:

See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET

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