Warren Buffett Plays for Charity, Goes Broke

Source: www.celebritymound.com

It took less than 45 minutes for Warren Buffett, billionaire investor and avid bridge player, to go broke in a charity poker tournament.

‘It’s different than bridge,’ said Buffett, 76, the chairman and CEO of Berkshire Hathaway Inc. ‘I was confused. I thought the low score won.’

He was among 50 amateur, celebrity and professional players who competed in a Texas Hold’em poker tournament Thursday night.

The tournament celebrated a recent $5 million renovation of retailer Borsheims, which is owned by Berkshire Hathaway.

Donations from the event benefited the Nebraska Make-a-Wish program.

The field of players included Olympic swimmer Michael Phelps and professional poker players David Williams, Evelyn Ng and Michael Mizrachi. They competed for a $3,500 watch featured in the new James Bond movie, ‘Casino Royale.’

An amateur player from Omaha won the watch.

Published on December 9th, 2006 in Warren Buffett


Last 20 posts from category "Warren Buffett"

Warren Buffett Plays for Charity, Goes Broke

Source: www.celebritymound.com

It took less than 45 minutes for Warren Buffett, billionaire investor and avid bridge player, to go broke in a charity poker …

Published on December 9th, 2006 in Warren Buffett