Warren Buffett is offering his nearly 400,000 employees at Berkshire Hathaway companies a chance to win $1 million a year for life. The catch: You need to pick the correct Sweet 16 in the men’s NCAA basketball tournament
, with a net worth of $83.5 billion. The Oracle of Omaha has already given away $35 billion and has promised to donate more than 99% of his fortune when he dies.another kind of giveaway. His annual March Madness bracket contest tips off next week with the men’s NCAA basketball tournament. First prize is $1 million a year for life for the person who can pick a perfect Sweet 16 in the tourney. One catch to enter the contest: You must be an employee at Berkshire Hathaway, where Buffett is CEO.
Berkshire is a sprawling conglomerate with nearly 400,000 employees across more than 60 companies. It ranked second in the U.S. and fourth in the world last year in the, which combines the size ranks on market value, sales, profits and assets of the largest publicly traded companies. BNSF Railway and Geico are the largest Berkshire entities by head count; Berkshire’s headquarters has only 26 employees. Other top Berkshire brands include Clayton Homes, Duracell, Dairy Queen and NetJets.
The odds are extremely stacked against anyone getting the final 16 teams right. A string of upsets last year meant
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