An anonymous bidder offered $1.68-million to the Glide Foundation, in San Francisco, to win the annual charity auction for lunch with the billionaire investor and philanthropist Warren Buffett, Bloomberg reports.

The winner and as many as seven friends will get to break bread with and seek investment advice from the “Oracle of Omaha” for the benefit of Glide, which offers food, clothes, shelter, and health care to the needy.

Last year’s top bidder, Hong Kong hedge-fund manager Zhao Danyang, had his $2.1-million meal with Buffett in New York on Wednesday.

Read an article from the Chronicle’s archive to learn more about how Warren Buffett became a fund raiser for Glide.