Warren Buffett's ordinary Cadillac goes big at auction - CBS News
A car owned by Warren Buffett was auctioned for more than $122,000, about 10 times the estimated worth, as the billionaire and philanthropist offered to again help out one of his favorite charities. Buffett put the 2006 Cadillac DTS for sale on the website Proxibid, specifying that the money would be donated to Girls Inc. The car, valued at about $12,000 went for a final bid of $122,500 on Thursday, the Omaha-based auction website said. The metallic beige DTS sedan has just 20,310 miles on it - and Buffett's autograph on the dashboard. Buffett has offered to hand over the keys personally to the winning bidder if that person is willing to travel to Omaha to pick up the car. "Girls Inc. has benefited multiple times from auction events championed by Warren Buffett, but the Buffett family's endorsement of Girls Inc. In 2006, Buffett auctioned his 2001 Lincoln Town Car to support the organization and the vehicle sold for over $70,000. He also donated his 20-something-year-old wallet - containing a stock tip - in 1999, bringing in more than $200,000 to the... In 2008, performance artist Michael Israel painted a portrait of Buffett before the annual meeting of Buffett's Berkshire Hathaway Inc. Source: www.cbsnews.com
