Berkshire Hathaway Inc.

Private Buffett lunch goes to highest bidder for over $3.4M

For the second time, an anonymous bidder has agreed to pay more than $3.4 million for a private lunch with billionaire Warren Buffett, with the auction proceeds going to a San Francisco homeless charity.

The bid of $3,456,789 from Friday night's winner ties the record highest from 2012, when a bidder also paid $3,456,789 to become the most expensive individual charity item ever sold on eBay.

The weeklong eBay auction to raise money for the Glide Foundation began Sunday and wrapped up Friday night. By midmorning Friday, the bidding reached more than $2.6 million, nearly $300,000 higher than last year's winning bid by Beijing-based Dalian Zeus Entertainment Co.

Six of...