Chinese cryptocurrency billionaire Justin Sun finally sits down to eat with Warren Buffett

Chinese cryptocurrency entrepreneur Justin Sun Yuchen has finally sat down for a meal with Berkshire Hathaway chairman and legendary investor Warren Buffett after postponing it last year due to a kidney stones issue.

Sun bid a record US$4.57 million for the opportunity to have lunch with Buffett at a charity auction last June but postponed it first citing health issues then apologising to the public for overhyping the plan to dine with one of the world’s richest people.

Sun thanked Buffett for his dinner, wisdom and vision. “US$4.56 million for a US$515.05 dinner was money well spent! The insights I received are priceless,” Sun said on Twitter on Thursday.

The 20th-anniversary charity lunch hosted by Warren Buffett was originally scheduled for July 25 last year. Sun earlier said on Twitter that he intended to invite blockchain industry leaders to join him and hope “this benefits everyone”.

Sun and four other cryptocurrency advocates finally met Buffett on January 23 at the Happy Hollow Club in Omaha, Nebraska. Sun’s guests were Charlie Lee, the creator of peer-to-peer internet currency payment service provider Litecoin; Chris Lee, the chief financial officer, board secretary and vice-president of international business development at Chinese cryptocurrency exchange Huobi; Yoni Assia, founder and chief executive of social trading and multi-asset brokerage company eToro and Helen Hai, head of the Binance Charity Foundation.

Sun also brought Buffett several gifts, including a Bronze Horse, a traditional Chinese paper cutting of a mouse and a Galaxy Fold phone stored with one bitcoin.