Warren Buffett auctioning another lunch

updated 7:18 p.m. ET June 22, 2008

OMAHA, Neb. - It's anyone's guess how high the bidding will go this year when the chance to have lunch with investor Warren Buffett is put up for sale.

The online bidding begins at $25,000 on Sunday evening. A year ago, two investors paid $650,100 for the chance to have lunch with the chairman and chief executive of Berkshire Hathaway Inc.

The auction benefits the Glide Foundation, which provides social services to the poor and homeless in San Francisco.

The auction begins at 7 p.m. Pacific Sunday and continues until 7 p.m. Pacific on Friday.

This will be the sixth year Buffett auctions a lunch on eBay and donates the proceeds to Glide.

The winning bidder and up to seven friends will dine with Buffett at the Smith & Wollensky steakhouse in New York City.

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