Warren Buffet is ready to make someone a very rich man. Well, that is if you work at Berkshire Hathaway.
As we prepare for the 2017 NCAA Bracket Challenge, Buffet has revealed $1 million a year for life if someone is able to perfectly predict the Sweet 16. The catch is they have to work for his company, so us simple folk are out of luck.
“We also have a prize of $100,000 for whoever goes the furthest,” Buffett said on CNBC’s ‘Squawk Box.’ “Last year, we had two fellows that tied. One of them knew a lot about basketball; the other didn’t know anything about basketball, but they each got $50,000 out of it.”
The 2017 NCAA Tournament begins on March 14, with the championship being held on April 3.
Buffet is a billionaire and a lifelong basketball fan, so the offer makes sense.