2019 March Madness Bracket Contest Prize: $1 Million A Year For Life From Warren Buffett

  • 📰 Forbes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Easy ......send me a bracket👈

Can I play?

Now that's an office pool!!

That's a catch-right there.

Say no more

Dear me, wish I worked for Berkshire..!!! 😉

Back in my corporate life, the guy who organized the March Madness pool had too much time on his hands, and was likely to get the axe in a round of layoffs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump's 2020 budget proposal promises paid parental leave, $1 billion childcare investmentTrump's 2020 budget proposal promises paid parental leave, $1 billion childcare investment via CNBCMakeIt MakeIt Misleading headline. Allocates no money and punts to states to manage. At the same time guts other areas (Medicare, Medicaid), leaving states to pick up more of the share. promises made, NEVER kept MakeIt Meanwhile here is how the same story is ‘headlined’ on the CNBC iOS App. Getting rid of student loan subsidies, loan forgiveness, and numerous repayment options 👍. And the GOP wonders why nearly everyone under 40 doesn’t vote Republican. ItsAMystery Budget StudentLoans
Source: CNBC - 🏆 12. / 72 Read more »

How Turning Down A Nearly $1 Billion Acquisition Deal Helped Foursquare See Its 10th AnniversaryTen years after its debut, Foursquare has faded in the memory of its many former fans, yet it still receives billions of monthly visitors. Foursquare shares the secret behind Foursquare's successful pivot from social media to enterprise tech, quietly maintaining its relevancy one decade on. I look forward to getting my hands on a billi one day. The last time I checked they were in a series Z funding round, how long until they reach a profitability is what I’m curious about.
Source: Forbes - 🏆 394. / 53 Read more »

Check out all the tech startups that have already snagged $1 billion valuations in 2019Last year was a record-setting year for unicorns, with almost 100 companies achieving the $1 billion milestone, and things are not slowing down in 2019. Eclesiastes 11.4. março 10, 2016. 'Quem observa o vento nunca semeará, e o que olha para as nuvens nunca segará.' Eclesiastes 11.4. O poder de agir.
Source: BusinessInsider - 🏆 729. / 51 Read more »