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Who is the tycoon Andy Chua


frenchfly
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NEW YORK - Singapore's Andy Chua has won the right to dine with the world's third-richest man Warren Buffett, news reports said on Saturday.

Mr Chua put up his winning bid of about US$2.2 million (S$2.71m) on eBay to have lunch with investment guru, Mr Buffett, reported the Omaha World-Herald, which is owned Berkshire Hathaway Inc, where Mr Buffett is Chief Executive.

The five-day auction attracted 12 bidders who made 121 bids.

Bidders had to put in a minimum bid of US$25,000, and had to be certified as legitimate by the auction company.

Mr Chua's winning bid - a grand total of US$2,166,766. Little else is known about him.

He and 7 others will get to meet Mr Buffett in Manhattan for lunch at Smith & Wollensky, a 10-restaurant chain of steakhouses with small-batch bourbons and deep-polished wood. A shrimp cocktail there costs about US$20 and the long bone rib-eye close to US$70.

Bloomberg News reported that Chua was the 12th and final hopeful to bid with less than 10 minutes to go in the auction Friday evening.

Proceeds from the auction, which surpassed US$1 million on Wednesday, will go to the Glide Foundation, a nurse-staffed medical clinic, a shelter and a soup kitchen serving three meals a day. -Asiaone


Full article: http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=297642:spores-andy-chua-pays-$-27-mil-for-right-to-dine-with-warren-buffett&Itemid=3#ixzz33xfQPIuG

 

 

 

 

 

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Hypersonic

Wow, a dinner that cost a whopping $2mil !

 

Maybe he hopes to pick up some tips from Buffett, and recoup back his $2.2 mil :D

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Supercharged

he may not pay the full 2.2 mil. article says that he will go with 7 others. I assume these 7 others are his invited guests, or rather friends or biz associates.

 

split the 2.2 mil by 8 pax, one person only pay abt $270,000.

 

why not. good deal....

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Hypersonic

He paid by paypal?

 

Got Taobao version or not? dine with Jack Ma at a 麻辣香锅 street stall.

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(edited)

another accolade for Singapore [thumbsup]

 

no wonder FIFA gets hundreds of millions for world cup broadcasting rights from Singapore ... one of the most expensive

Edited by Wt_know
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If don't pay top dollars, how to get dignity and respect from big brothers?

 

another accolade for Singapore [thumbsup]

 

no wonder FIFA gets hundreds of millions for world cup broadcasting rights from Singapore ... one of the most expensive

 

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Hypersonic

another accolade for Singapore [thumbsup]

 

no wonder FIFA gets hundreds of millions for world cup broadcasting rights from Singapore ... one of the most expensive

We are just carrot cake for the whole world :D

World Cup rights, BPL rights, etc.. All because we told the whole world we paid for the highest pay for garmen ministers...

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Turbocharged

So, anyone here sponsor his dinner?.. Luckily, all my immediate family members didn't sponsor a single dime... Hehehe

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So, anyone here sponsor his dinner?.. Luckily, all my immediate family members didn't sponsor a single dime... Hehehe

 

Mostly the tai tai :D

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he may not pay the full 2.2 mil. article says that he will go with 7 others. I assume these 7 others are his invited guests, or rather friends or biz associates.

 

split the 2.2 mil by 8 pax, one person only pay abt $270,000.

 

why not. good deal....

then u got go? haha

Wow, a dinner that cost a whopping $2mil !

 

Maybe he hopes to pick up some tips from Buffett, and recoup back his $2.2 mil :D

he hope he will be the Warren Buffett son-in-law

Probably this is the case

 

Father: “I want you to marry a girl of my choice”

Andy: “I will choose my own bride!”

Father: “But the girl is Warren Buffett’ daughter.”

Andy: “Well, in that case…ok”

Next, the father approaches Warren Buffett through the auction bidding.

Father: “I have a husband for your daughter.”

Warren Buffett: “But my daughter may not like Andy!”

Father: “But this young man is a vice-president of the World Bank.”

Warren Buffett: “Ah, in that case…ok”

Finally the father goes to see the president of the World Bank.

Father: “I have a young man to be recommended as a vice-president.”

President: “But I already have more vice- presidents than I need!”

Father: “But this young man is Warren Buffett’s son-in-law.”

President: “Ah, in that case…”

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In a dog eat dog world, nobody ever come out stronger, smarter of hungrier than WB,

 

by paying that kind of money to have dinner with WB does bat an eye-lid, but i dare to say the statement need to think twice coz in a matters of weeks, months ahead it's not really come easy to be successful like WB, this guy has failed countless times to sit at the pinnacle, let alone does not have a smartphone nor PC in his office, still drive the same car and staying in the same house.

 

Can this Sp guy follow suit ? we shall see . . .

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Turbocharged

Wow, a dinner that cost a whopping $2mil !

 

Maybe he hopes to pick up some tips from Buffett, and recoup back his $2.2 mil :D

 

If you have 2.2m to spare, would you give it directly to charity without such publicity and the chance to dine with wb, or do as this chua did?

 

btw is the 2.2m considered as donation to charity by chua (instead of wb) for tax concession purposes?

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Turbocharged

If don't pay top dollars, how to get dignity and respect from big brothers?

 

 

 

I feel i am entitled to be a proud tourist while visiting other countries coz the ministers of my country are the highest paid ones!! [grin]

 

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(edited)

when you told the shop you are from singapore, whatever you buy ... the price is 1.5x ... spore price [thumbsup]

 

 

I feel i am entitled to be a proud tourist while visiting other countries coz the ministers of my country are the highest paid ones!! [grin]

 

Edited by Wt_know
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