After being delayed several times last year, finally Tron founder and CEO Justin Sun has had his charity lunch with Berkshire Hathaway chairman and famous billionaire Warren Buffett.
Sun met with Buffett in a private non-profit country club in Nebraska On Jan. 23. The list of guests included the founder of Litecoin Foundation, Charlie Lee, the CFO of Huobi, Chris Lee, the head of the Binance Charity Foundation, Helen Hai, and the CEO of eToro, Yoni Assia.
Commenting on the much-anticipated event, Sun said:
“It was really an honor and I’m grateful for Mr. Buffett’s dinner, wisdom, and vision. I’ll always remember his kindness and support, and will take Mr. Buffett’s advice and guidance to make Tron a better ecosystem, business with all the partners in the blockchain space and beyond.“
Several Time of Delay
In June 2019, Sun won a charity auction on eBay to have lunch with Warren Buffett, in a winning bid amounting of around $4.5 million, which is the highest ever in 20 years, the event’s history. However, the Tron CEO had to postpone due to medical issues, and announced in July that he would reschedule his charity lunch with Buffett “very soon.”
Furthermore, prior to the postponement, Sun had notably extended an invitation to U.S. President Donald Trump for the event, following scathing remarks on social media by Trump about cryptocurrencies.
In the meantime, all proceeds from the auction were transferred to the GLIDE Foundation, which is based in San Francisco. GLIDE focuses on combating injustice and inequality in the name of economically deprived and oppressed communities in need, including homeless and ethnic minority and LGBTQ orientation communities.
Crypto Commitment To Charity
Earlier on December, Sun publicly pledged to donate $1 million to the young Swedish activist Great Thunberg’s efforts to raise global awareness of the climate change issue. However, how cryptocurrency would help reduce carbon footprints by creating decentralized settlements was left unclear.
In a related context, the number of U.S. top charity organizations that accept bitcoin is on the rise despite being relatively few, having reached 12% of the top 100 charities that accepted bitcoin donations during 2019, according to a research carried out by Block’s team.