Billionaire Warren Buffett Again to Auction Lunch For San Francisco Charity Glide

Those hoping to sit down to a meal with billionaire Warren Buffett should be prepared to shell out big bucks.

Buffett will again auction off a private lunch to raise money for a California homeless charity. Buffett is chairman and CEO of Omaha, Nebraska-based Berkshire Hathaway.

Bidding for the lunch on eBay will begin May 31 and close June 5. Bidding starts at $25,000. Bidders must prequalify.

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

Last year's winner paid nearly $2.2 million to dine with Buffett. The winning bids have topped $2 million for the past six years.

The winner can invite up to seven friends to join the lunch at Smith & Wollensky steakhouse in New York City.