In July 2019, TRON founder Justin Sun postponed his $4.568 million charity lunch with Warren Buffett, citing a sudden bout of kidney stones.
Six months later, on the evening of February 6, Sun announced via Twitter that he had finally dined with the "Oracle of Omaha," Warren E. Buffett, on January 23. He said Buffett offered support and advice for TRON's next stage of development, and that their conversation covered topics like Bitcoin and Tesla.
Justin Sun (fourth from left) with Warren Buffett (third from left) and four other guests on January 23.
Sun detailed the event in a thread of 15 consecutive tweets.
The Bill: $515.05, Paid by Buffett
Originally planned for San Francisco, the meal was moved to the Happy Hollow Club in Omaha, Nebraska. According to the receipt Sun shared, the final bill came to $515.05, which Buffett picked up.
The dinner receipt shared by Justin Sun.
"Paying $4.56 million for a $515 dinner was absolutely worth it for the priceless insights I gained," Sun said. "Everyone had a fantastic time!"
Buffett Sees Blockchain's Potential, Remains Wary of Bitcoin
Sun said their discussion touched on blockchain, Bitcoin, and Tesla, among other subjects.
According to Sun, Buffett believes blockchain has broad potential, noting that several companies in his portfolio, like J.P. Morgan, are exploring the technology. He expressed great curiosity about how blockchain might transform the payments industry over the next decade. However, he still feels Bitcoin has a long way to go before it captures the full value of blockchain.
Sun told Buffett that Bitcoin would become the next generation's global currency. Buffett quipped in response, "I'm sure my grandchildren would still prefer to inherit my dollars."
Previously, in a CNBC interview, Buffett had remarked, "Bitcoin has no unique value at all. The idea that you spend the whole day sitting there looking at a mining machine to get one Bitcoin or some other cryptocurrency... it's a mirage."
Sun also mentioned his investment in Tesla post-2012. Buffett responded that while Tesla is a great company, he doesn't consider it a good investment at the moment, given the fiercely competitive auto industry where all well-funded players, including Tesla, are here to stay.
Regarding Sun's earlier dinner with Apple co-founder Steve Wozniak, Sun tweeted: "I was surprised Buffett knew about it—he told me he follows me on Twitter. 'Woz,' he said, 'send him my regards. He's a legend who helped build Apple.'"
Sun Gifts Buffett a Trove of Cryptocurrencies
In his tweets, Sun revealed that Buffett received his "first Bitcoin," which was securely stored on his Samsung Galaxy Fold. Since receiving it, Bitcoin's price has risen 16%.
Sun also gifted Buffett two Samsung Galaxy Fold phones pre-loaded with TRON wallets. He transferred 1,930,830 TRX (worth about $44,000 at the time), along with 100 BTT, 100 WIN, and 100 TRC-standard USDT tokens. The amount of TRX was a nod to Buffett's birthdate—August 30, 1930. Buffett joked that he wished he'd been born later to receive even more TRX.
To showcase TRON's transaction speed, Sun transferred 4,567,888 TRX between different addresses, which reportedly impressed Buffett.
Since both men were born in the Year of the Horse (1930 and 1990), Sun also presented Buffett with a bronze horse statue and a traditional Chinese paper-cut artwork for the Year of the Rat (2020).
The bronze horse statue gifted by Justin Sun.
According to Sun's tweets, Buffett gifted him several books, including Benjamin Graham's *The Intelligent Investor* (Buffett's favorite) and Alice Schroeder's *The Snowball*. In return, Sun gave Buffett a copy of his own book, inscribing the dedication "A Brave New World" on the flyleaf.
Books gifted by Warren Buffett.
Sun Praises Buffett's Energy and Spirit
"I aspire to follow in the footsteps of Buffett and Bill Gates," Sun stated. "I want to advance cryptocurrency through greater blockchain transparency and global influence, just as Buffett endorsed the Binance Charity Foundation, to which I donated $3 million." He also thanked Buffett for inviting him to Berkshire Hathaway's 2020 and 2030 shareholder meetings, saying he learned invaluable lessons he will apply to his life.
Reflecting on his impression, Sun described Buffett as vibrant and full of energy—a man who understands happiness, embraces laughter, and spreads it to those around him. He saw Buffett as a master of prudence, discipline, and patience, a man of unwavering principle, conviction, decisive action, and resolute confidence even amid uncertainty.