Cryptocurrency

The 20th Annual eBay Power Lunch With Warren Buffett Will Take Place In San Francisco

The 20th Annual eBay Power Lunch with Warren Buffett will take place in San Francisco, California. The famous charity lunch is organized every year by eBay and the Glide Foundation initiative and supported by the investment tycoon.

Buffett’s wife was an active member of Glide, and since her demise in 2004, the greatest investor of modern times began active participation in the initiative. Justin Sun, the Bitcoin multi-millionaire and founder of Tron Foundation will also be a part of the charity event. Sun tweeted on Wednesday that the event will take place in Frisco on July 25.

Sun himself has been actively involved in philanthropic initiatives, and regularly donates personally as well as via Tron Foundation. For the year 2018-2019, Sun has donated over $7.7 million. Also, earlier this month, Tron’s chief paid over $4.57 million via an auction to attend the Charity Lunch with Warren Buffett.

The Power Lunch is organized every year by eBay and Glide Foundation, to raise funds for feeding the underprivileged communities across the globe. Till the date, Buffett alone has collected over $30 million via the Charity Lunch for Glide.

Justin Sun’s involvement with Buffett’s initiatives can prove to be gold for the crypto space. The 88-years old Chairman and CEO of Berkshire Hathaway have been an avid critic of Bitcoin and cryptocurrencies, often accusing them of being useless and a bubble which could burst anytime. A few months ago, Buffett stated that Bitcoin is a rat poison square, and recently said that Bitcoin is as good as the button on his suit, as both have limited functionality.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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