Bloomberg:
A portrait of Warren Buffett painted in 10 minutes sold for $100,000 to a Minneapolis executive in an eBay Inc. auction.
John L. Morgan, chief executive officer of Winmark Corp., spent $215,000 in 1999 for a stock tip from Buffett, listed as the richest American by Forbes magazine. Morgan made both purchases to benefit Girls Inc. of Omaha, a nonprofit co-founded by Buffett's first wife, Susan, who died in 2004.
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Now that's SICK!
Girls Inc is one of the better charities out there. They promote self-respect and independence for mostly lower-income girls. I hope he spends some of it on upgrading their websites, chintzy little things that they are, such as the one for Pinellas County.
Thanks for the info, though I don't see how this portrait would benefit anyone.
Did Warren buy it?
"The economy is tanking and everyone is scrambling.''
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First Posted: 11-22-08 10:55 AM | Updated: 12-23-08 05:12 AM