Warren Buffet Painting to Benefit Girls Inc
Jennifer Astle — November 25, 2008 — Social Good
References: girlsincomaha.org & bloomberg
Warren Buffet may not be the first person to be the subject of priceless artwork, he’s no George Costanza, after all. But recently, a painting of Buffet sold for $100,000 on eBay, with the proceeds going to Girls Inc of Omaha.
The buyer, John L. Morgan, says he bought a stock tip from Buffet a few years back that turned out to be successful. The tip was on the nonprofit organization co-founded by Buffet’s wife, Susan.
The organization is called Girls Inc, and thanks to the Buffets’ daughter, Susie, the proceeds are going to the NPO which teaches girls things like how to perform in a play and how to balance a checkbook.
The buyer, John L. Morgan, says he bought a stock tip from Buffet a few years back that turned out to be successful. The tip was on the nonprofit organization co-founded by Buffet’s wife, Susan.
The organization is called Girls Inc, and thanks to the Buffets’ daughter, Susie, the proceeds are going to the NPO which teaches girls things like how to perform in a play and how to balance a checkbook.
Trend Themes
1. Empowerment Portraits - The trend of creating empowering portraits of influential figures to support causes and organizations.
2. Charitable Art Sales - The trend of selling artwork for charitable purposes, allowing buyers to contribute to important causes while acquiring unique pieces.
3. Celebrity Stock Tips - The trend of influential figures providing stock tips or investment advice, creating opportunities for unique and successful investments.
Industry Implications
1. Art Market - The art market industry can benefit from incorporating philanthropic initiatives, attracting buyers who seek to support causes while collecting artwork.
2. Nonprofit Organizations - Nonprofit organizations have the opportunity to collaborate with influential figures and leverage the sale of unique items or experiences to raise funds for their initiatives.
3. Investment Consulting - The investment consulting industry can explore partnerships with influential individuals, offering personalized investment advice and unique opportunities to clients.
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