Dinner for nearly $15,000 — the cost of a meal with DBS bank CEO

An evening with Tan Su Shan, CEO and manager of DBS Group, was sold by auction location Sotheby's connected Saturday for 18,900 Singapore dollars ($14,790) to the winning bidder — much than treble the pre-sale estimation of astir SG$6,000 to SG$8,000.

The evening includes pre-dinner champagne, a backstage meal hosted by Tan and a backstage circuit astatine Singapore's National Gallery, an creation depository housed successful 2 nationalist monuments, according to Sotheby's.

"Set successful an elegant and intimate setting, this meal promises stimulating speech and exceptional institution – perfect for the discerning bidder seeking inspiration, connection, and a spot astatine the array with 1 of Singapore's astir esteemed figures," according to the auction house.

Tan, who took implicit the helm of Southeast Asia's largest slope successful March this year, has implicit 35 years of experience successful banking and wealthiness management. She antecedently worked successful elder roles astatine Morgan Stanley and Citi, and joined DBS Bank successful 2010 arsenic the radical caput of user banking and wealthiness management.

Shares of the institution person jumped implicit 10% since Tan took implicit arsenic the archetypal pistillate Chief Executive Officer of the Singapore-based bank.

When it comes to foundation auctions, offering meals with celebrities and apical concern leaders is simply a well-established practice, particularly erstwhile the apical 1% is successful the room.

In 2022, a bidder paid implicit $19 cardinal to dine with American capitalist and CEO of Berkshire Hathaway, Warren Buffett, to payment a San Francisco charity. A Singaporean antheral besides paid much than $2 million to person luncheon with Buffett successful 2014.

This auctioned acquisition with Tan was portion of National Gallery Singapore's 10th day gala. More than SG$2.8 cardinal was raised done the fundraising lawsuit held connected Saturday, Sept. 13.

The funds raised from the lawsuit volition beryllium utilized to "advance the Gallery's ngo of making creation accessible to each – from enabling caller exhibitions, deepening curatorial research, and expanding programmes that prosecute children, seniors, and underserved communities," according to a connection from the museum.

The auction, managed by Sotheby's, took spot astatine the gala and featured adjacent to 90 "rare artworks and luxury experiences," including an artwork by Chinese modern ink artist Li Huayi, which sold for SG$517,000, a grounds for an auctioned point astatine the Gallery.