Wealth

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.

Articles You May Like

Judge rejects J&J, Bristol Myers Squibb challenges to Medicare drug-price negotiations
Alphabet shares jump 14% on earnings beat, first-ever dividend
Open seating no more? Southwest CEO says airline is weighing cabin changes
‘If Americans want lower interest rates, they’re going to have to do it themselves,’ analyst says. Here’s how
We’re lowering our Honeywell price target after earnings. The risk-reward is still favorable