Earlier this month we reported a story about Justin Sun, TRON’s founder Justin Sun winning a bid for charity lunch with Warren Buffet for an astonishing $4,567,888.
I officially announce I’ve won the record-setting 20th-anniversary charity lunch hosted by @WarrenBuffett. I’ll also invite #blockchain industry leaders to meet with a titan of investment. I hope this benefits everyone. #TRON #TRX #BTT #BitTorrent pic.twitter.com/EMZ4TMhgpR
— Justin Sun (@justinsuntron) June 3, 2019
According to Bloomberg, the winner is allowed to bring seven friends with him for lunch. The lunch will take place at Smith & Wollensky steakhouse in New York City. Buffett has held the charity lunch auction for the past 20 years. In the year 2000, the winning bid was just $25,000. Sun’s bid this year set a new all-time record.
— Justin Sun (@justinsuntron) June 16, 2019
Lee was grateful for the opportunity and said:
“Thanks Justin! I'm excited about this opportunity to meet a legend.”
Regarding the meeting, Sun knows he won’t be able to convince Buffett on cryptos but he hopes to have a productive discussion anyways.
“It might be unrealistic to convince Warren Buffett, just in three hours, to buy cryptocurrencies. But we want to show him the recent progress of cryptocurrency and blockchain technology.”
Sun had invited CZ earlier for the lunch, however, he declined to cite that the travel from China is way too long. He even took a sharp dig at the investment Kingpin, stating that Warren Buffett is having a $4.5 million lunch “funded by rat poison.”
This is an ingenious marketing stunt by Sun worth more than $5million he paid. Sun’s name has been plastered all over the mainstream news for it. While the tone of the reporting may be of incredulity and perhaps even scorn, his name has appeared in the same sentence as Buffett’s in every single article.
Buffett has come under criticism recently for his underperformance of the S&P500 over the past 10 years, in spite of handsome outperformance for the previous 30, and for having totally missed the tech boom.