Wealth

Warren Buffett’s portrait, complete with his autograph, just sold for over $75,000 at a charity auction

When Warren Buffett writes his name on something, it becomes instantly valuable — to the tune of $75,100.

That’s how much an anonymous eBay user bid on Tuesday to win a unique piece of artwork: a 26-inch autographed print of Buffett overlaid with motivational quotes from the billionaire, including “Women make me optimistic about America.”

All proceeds from the sale will go directly to Girls Inc. of Omaha, Buffett’s hometown chapter of the national nonprofit that provides mentorship and support for girls and young women from low-income communities across the country.

The charity art auction was organized by Motiva, an Israel-based art tech company that created the piece on Buffett’s behalf. The quote in question comes from a 2018 interview Buffett did with Yahoo Finance, in which he discussed the #MeToo movement and the benefits of employers hiring and promoting more women.

“I think of doubling the talent that is effectively employed, or at least has the chance to be, [and] it makes me very optimistic about this country,” Buffett said at the time.

Buffett is no stranger to charity auctions. In June, an anonymous bidder paid $19 million for the opportunity to have lunch with the billionaire at a future date. It was the 21st and final time Buffett auctioned off a private lunch to benefit the San Francisco-based nonprofit Glide — and it marked the most anyone has ever paid for the privilege of dining with Buffett.

Products You May Like

Articles You May Like

After the UK Super-Deduction: Assessing Proposals for the Reform of Capital Allowances
Stocks making the biggest moves after hours: Costco, DocuSign, Scholastic
Benchmark bond yields are ‘bad news’ for investors as the Fed hikes rates by 0.75%. What it means for your portfolio
Stocks making the biggest moves midday: Netflix, Adobe, Wynn Resorts, Humana and more
Wall Street’s top analysts bet on these stocks as economic uncertainty increases

Leave a Reply

Your email address will not be published.