Someone just paid a record $4.6 million to eat lunch with Warren Buffett

  • An anonymous bidder won Warren Buffet's annual charity auction lunch with a record bid of $4.6 million.
  • All of the proceeds will be donated to the Glide Foundation, a San Francisco-based organization that supports the homeless.
  • The previous record bid was $3,456,789.

Bidding for the 20th annual charity auction for a "Power Lunch with Warren Buffett," has ended, with an anonymous winner taking the prize with a final bid of $4,567,888.

The lunch is presented by eBay and the Glide Foundation and will be held at the famed steakhouse Smith & Wollensky in New York City. 

The auction was hosted exclusively on eBay, with final bids due Friday, May 31, at 7:30 p.m. PT. Past winners include David Einhorn of Greenlight Capital and Ted Weschler, now part of Buffett's investment team. 

RELATED: Take a look at the most expensive items sold on eBay in 2018: 

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Most expensive items sold on eBay in 2018

Lunch with Warren Buffett to Benefit GLIDE (eBay for Charity) 

Price: $3,300,100.00 

Photo credit: eBay

Patek Philippe Grand Complications Watch

Price: $535,499.99 

Photo credit: eBay

2017 Lamborghini Aventador LP750-4 Superveloce

Price: $499,900.00 

Photo credit: eBay

2018 Porsche 911 GT2 RS

Price: $470,000.00 

Photo credit: eBay

2009 Mike Trout Draft Pick Baseball Card

Price: $400,000.00 

Photo credit: eBay

2015 Lamborghini Aventador

Price: $362,000.00 

Photo credit: eBay

2018 Ferrari 488

Price: $339,000.00 

Photo credit: eBay

2017 Ferrari 488 Spider

Price: $329,998.00 

Photo credit: eBay

2016 McLaren 675LT Coupe

Price: $325,800.00 

Photo credit: eBay

2013 Robinson R-44 Raven II Helicopter

Price: $325,200.00 

Photo credit: eBay

2014 Lamborghini Aventador LP 700-4 Coupe

Price: $319,900.00 

Photo credit: eBay

2014 Ferrari F12 Berlinetta

Price: $319,000.00 

Photo credit: eBay

2017 Mercedes-Benz S-Class Maybach S 650 Cabriolet

Price: $318,000.00 

Photo credit: eBay

2000 Tom Brady Championship Ticket

Price: $250,000.00 

Photo credit: eBay

2003-04 LeBron James Basketball Card

Price: $250,000.00 

Photo credit: eBay

Ralph Togel Gold Masterpiece 

Price: $200,000.00 

Photo credit: eBay

Captain America Comic #1 

Price: $175,200.00 

Photo credit: eBay

1952 Mickey Mantle & 1941 Joe DiMaggio Baseball Cards 

Price: $152,000.00 

Photo credit: eBay

Richard Mille RM11 Flyback Chronograph Rose Gold Titanium Watch 

Price: $148,000.00

Photo credit: eBay

Action Comics #1 (1st appearance of Superman & Lois Lane)

Price: $145,655

Photo credit: eBay

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As in previous years, 100% of the proceeds donated to the Glide Foundation, a San Francisco-based charity which provides local services to the homeless. The foundation is associated with the Memorial United Methodist Church and was founded over fifty years ago by Rev. Cecil Williams and Janice Mirikitani.

The annual lunch, which started in 2000, has raised over $30 million for the non-profit. Buffett's late wife, Susan Thompson Buffett,was a well-known resident and philanthropist in San Francisco.

Per the bidding website, GLIDE is described as "a radically inclusive, just and loving community mobilized to alleviate suffering and break the cycles of poverty and marginalization.

"Glide's mission is to break the cycles of multi-generational dependency, poverty, and low self-worth by providing a spiritual home of unconditional love. Glide strives to create a healthy community by offering effective services that foster holistic healing in an environment of cultural integrity and diversity."

Similar to Berkshire Hathaway's stock price, the cost of a winning bid has risen substantially over the years. In 2000, the winning bid was $25,000 while the 2019's winning bid of $4.6 million, an increase of 187 times. In the same time period, Berkshire Hathaway's stock price has risen a mere 5.5 times.

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