NEW YORK –- Lunch with Warren Buffett will again prove a costly feast for the highest bidder.

Auctioning for the annual charity lunch with the chairman of Berkshire Hathaway got underway Sunday and as of Monday afternoon had fetched a bid of $107,400 which coincidently was just $5 more than the price of a Berkshire Class "A” share.

The winning bidder is allowed to take up to six friends to dine with Buffett at a Smith & Wollensky Restaurant Group steakhouse in Manhattan.

Auction proceeds will benefit the Glide Foundation, a non-profit in San Francisco’s Tenderloin district that offers programs for the poor, hungry and homeless.

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Buffett began donating the lunches in 2000.

The lunches have reportedly raised $1.42 million for Glide since the auctions went online with EBay in 2003. Previous auctions were held live, with winning bids of $25,000 to $32,000.

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