Ebay bids for power lunch with Warren Buffet hit $160,000 mark

EBay's auction for lunch with billionaire Warren Buffet has reached upto $160,000 and counting.

The annual charity auction on EBay will end on June 7, the New York Daily News reports.

According to the report, the auction had profited nearly 3.5 million dollars from an anonymous winner last year.

The report said that the winner along with his seven friends will get the opportunity to engage Buffet in a powerful conversation during lunch at the Manhattan steakhouse Smith and Wollensky.

This year being the 14th year for the CEO of Berkshire Hathaway to engage himself in the auction, the move has raised over 15 million dollars since 2000.

The money accumulated through the auction will go to the San Francisco-based charity called GLIDE, which provides health services and about 800,000 annual meals to the poor.

An active philanthropist, Buffet has recruited over 100 billionaires to take part in The Giving Pledge, where members donate at least half of their amassed wealth to charity, the report added.