Sun wins a lucrative Buffett lunch for $4.567m

The record for a luncheon with US business magnate Warren Buffett was raised this year to a whopping $4,567,888, and the record holder is 28-year-old Chinese cryptocurrency pioneer Sun Yuchen.

Sun confirmed the news on his social network accounts on Monday. On his Sina Weibo account, Sun claimed that he is a long-time believer of Buffett's value investment strategy. He also wrote on his Twitter that he will invite blockchain industry leaders to meet with "a titan of investment", adding that "I hope this benefits everyone."

Bidding on lunch with the "Oracle of Omaha" took place from May 26 to 31 on eBay. The starting price was $25,000. The winner of the auction will dine with Buffett at the Smith& Wollensky steak house in New York.