12/23/2008 05:12 am ET | Updated May 25, 2011

Warren Buffett Portrait Sells For $100,000 On eBay

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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