Berkshire Hathaway (BRK.A) Charity Lunch Auction Returns with $19M Record

Published on · Source: cnbc.com

Berkshire Hathaway (BRK.A) Charity Lunch Auction Returns with $19M Record

AI Summary

Summarized by AI from the source below

Warren Buffett is reviving his charity lunch auction, featuring NBA star Stephen Curry and Ayesha Curry, with online bidding from May 7 to May 14. Proceeds will benefit Glide Foundation and the Eat. Learn. Play. Foundation, focusing on childhood literacy and nutrition. The auction's previous high bid was $19 million in 2022, contributing to over $50 million raised since its inception. The exclusive lunch with Buffett and the Currys will take place on June 24 in Omaha, Nebraska, highlighting their commitment to charitable causes in the community.

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About Berkshire Hathaway Inc. (BRK.B)

Berkshire Hathaway is the diversified holding company led by Warren Buffett, owning insurance, railroad, energy, and consumer businesses plus a large equity portfolio. Class B shares are the more affordable, lower-voting class.

The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.

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