A Man Just Paid About $4.5 Million to Have Lunch with Warren Buffett

Warren Buffett is one of the wealthiest people on the planet and many are interested in what he has to say.

One man in particular proved just how interested he is by paying almost $4.6 million for a lunch with the Oracle of Omaha.

It was on Monday that the San Francisco-based Glide Foundation announced the winner of this year’s Warren Buffett charity lunch. The winner is Justin Sun, the founder of cryptocurrency platform Tron and the CEO of file-sharing service BitTorrent. Both companies are headquartered in San Francisco.

The Glide Foundation provides food and shelter as well as other services to those who are in need.

28-year old Chinese national Sun paid a record price of $4,567,888 for the lunch with Buffett which will benefit Glide.

“I’m looking forward to meeting a true pioneer in investing,” Sun remarked. “I’m excited to talk to Warren Buffett about the promise of blockchain and to get valuable tips and insights from him about entrepreneurship and making bold bets on the future.”

According to a Wall Street Journal report, Sum has been active in the crypto sector, raising about $70 million for a software project called Tron.

“Blockchain is important. But bitcoin has no unique value at all,” Buffett told CNBC earlier this year. “It doesn’t produce anything. You can stare at it all day, and no little bitcoins come out or anything like that. It’s a delusion, basically.”

Sun is allowed to bring up to seven friends to the lunch.