Auction of private meal with Buffett likely to draw big bids

(AP) — Billionaire Warren Buffett has raised more than $20 million for a San Francisco homeless charity since 2000, and he's about to add to that total by auctioning off a private lunch.

Buffett has praised the foundation's efficient and effect approach in providing meals, health care, job training, rehabilitation and housing support to the poor and homeless.

Glide is a bridge for thousands of people on the brink of despair, helping them achieve dignity and opportunity by providing them with basic services.

Buffett's company owns more than 90 subsidiaries including insurance, furniture, railroad, jewelry and candy companies, restaurants and natural gas and corporate jet firms, and has major investments in such companies as Coca-Cola Co., IBM and Wells Fargo & Co.