Lunch with Buffett? That'll be a cool £1m

Bids to have lunch with Warren Buffett have topped $1.5m (£916,000).

The investment guru has hosted a lunch for whoever bids the highest amount for the last 12 years, with the money going to charity. Based on current bids, the lunch could break last year's record, when an anonymous bidder paid $2.63m to dine with the 80-year-old billionaire. This year the money raised will go to Glide, a San Francisco-based anti-poverty charity that Buffett was introduced to by his late wife, Susan. Glide "may be the most effective organisation I've seen for people down on their luck," he said. "It takes people who have hit bottom and brings them back. I've seen ...