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Warren Buffett Lunch Benefitting San Francisco's Glide Foundation Sold On eBay For $2.3 Million

OMAHA, Neb. (CBS / AP) -- The winning bid for a private lunch with Warren Buffet has topped $2.3 million.

The winner Friday was Dalian Zeus Entertainment Co., a Chinese company that develops online games. The Beijing-based company bid $2,345,678 to win the online auction.

The Glide Foundation uses the auction proceeds to help the poor and homeless in San Francisco.

The 2015 bids are still well below the 2012 winning bid of $3,456,789. That was the most expensive charity item ever sold on eBay.

Many people want Buffett's advice because the 84-year-old is revered as an investor and philanthropist. Buffett is chairman and CEO of Berkshire Hathaway.

Buffett has said the lunches generally last at least three hours. The only topic off-limits is what Buffett plans to invest in next.

© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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