NEW DELHI: Warren Buffett as soon as called bitcoin "probably rat poison squared." He'll now must dine with one of the most cryptocurrency's biggest enthusiasts.
Cryptocurrency pioneer Justin Sun printed on Monday that he bid the file $four.57 million at a charity auction to have lunch with Buffett, the billionaire chairman of Berkshire Hathaway Inc.
Sun's winning bid, which the 28-year-old introduced on Twitter, was confirmed by way of the Glide Foundation, whose five-day online auction on eBay ended on Friday night time.
Glide is situated in San Francisco's Tenderloin district and serves the deficient, homeless and the ones battling substance abuse.
Sun can invite as much as seven folks to dine with Buffett at the Smith & Wollensky steakhouse in midtown Manhattan.
"I'm delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends," Buffett stated in a commentary provided by way of his assistant. "We are going to have a good time and Glide will use his contribution to help many thousands of people."
Buffett, 88, has raised about $34.2 million for Glide in 20 annual auctions since 2000. His first wife, Susan, who died in 2004, presented him to Glide after volunteering there.
Sun, who has a master's degree from the University of Pennsylvania, launched Tron or TRX token in 2017, and raised about $70 million in an initial coin providing. He bought San Francisco-based BitTorrent for $120 million in money final year.
In Twitter posts, Sun stated he plans to ask business leaders from the blockchain neighborhood to dine with Buffett, who he called "a titan of investment. I hope this benefits everyone."
Buffett has run Berkshire since 1965.
The Omaha, Nebraska-based conglomerate owns more than 90 businesses such as the Geico auto insurer and BNSF railroad, and invests in shares reminiscent of Apple Inc, Coca-Cola Co and Wells Fargo & Co.
At Berkshire's annual assembly final month, Buffett likened wagering on bitcoin to having a bet on zero or double-zero on a Las Vegas roulette wheel. "I have to say, bitcoin has rejuvenated that feeling in me," Buffett stated.
Cryptocurrency pioneer Justin Sun printed on Monday that he bid the file $four.57 million at a charity auction to have lunch with Buffett, the billionaire chairman of Berkshire Hathaway Inc.
Sun's winning bid, which the 28-year-old introduced on Twitter, was confirmed by way of the Glide Foundation, whose five-day online auction on eBay ended on Friday night time.
Glide is situated in San Francisco's Tenderloin district and serves the deficient, homeless and the ones battling substance abuse.
Sun can invite as much as seven folks to dine with Buffett at the Smith & Wollensky steakhouse in midtown Manhattan.
"I'm delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends," Buffett stated in a commentary provided by way of his assistant. "We are going to have a good time and Glide will use his contribution to help many thousands of people."
Buffett, 88, has raised about $34.2 million for Glide in 20 annual auctions since 2000. His first wife, Susan, who died in 2004, presented him to Glide after volunteering there.
Sun, who has a master's degree from the University of Pennsylvania, launched Tron or TRX token in 2017, and raised about $70 million in an initial coin providing. He bought San Francisco-based BitTorrent for $120 million in money final year.
In Twitter posts, Sun stated he plans to ask business leaders from the blockchain neighborhood to dine with Buffett, who he called "a titan of investment. I hope this benefits everyone."
Buffett has run Berkshire since 1965.
The Omaha, Nebraska-based conglomerate owns more than 90 businesses such as the Geico auto insurer and BNSF railroad, and invests in shares reminiscent of Apple Inc, Coca-Cola Co and Wells Fargo & Co.
At Berkshire's annual assembly final month, Buffett likened wagering on bitcoin to having a bet on zero or double-zero on a Las Vegas roulette wheel. "I have to say, bitcoin has rejuvenated that feeling in me," Buffett stated.
Crypto pioneer pays $4.57 million for Warren Buffett lunch
![Crypto pioneer pays $4.57 million for Warren Buffett lunch]()
Reviewed by Kailash
on
June 04, 2019
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