{"id":15545,"date":"2025-03-26T12:36:55","date_gmt":"2025-03-26T12:36:55","guid":{"rendered":"https:\/\/imsfund.com\/?p=15545"},"modified":"2025-03-26T12:36:55","modified_gmt":"2025-03-26T12:36:55","slug":"warren-buffett-employee-wins-1m-march-madness-bracket-contest","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/03\/26\/warren-buffett-employee-wins-1m-march-madness-bracket-contest\/","title":{"rendered":"Warren Buffett Employee Wins $1M March Madness Bracket Contest"},"content":{"rendered":"


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Warren Buffett has been trying to give away $1 million to an employee of Berkshire Hathaway during the NCAA’s March Madness basketball tournament \u2014 for at least a decade.<\/p>\n

Buffett, 94, previously told The Wall Street Journal<\/i><\/a> that the company made it easier than ever this year because he wants to see the money finally won.<\/p>\n

Related: <\/b>‘We Made It Easier This Year Than Ever’: Warren Buffett Says He ‘Hopes’ He Can Finally Give Away $1 Million for March Madness<\/a><\/p>\n

“I’m getting older,” he told the outlet. “I want to give away a million dollars to somebody while I’m still around as chairman.”<\/p>\n

Well, it turns out that 2025 was the<\/i> year.<\/p>\n

The WSJ reports<\/a> that Buffett’s office bracket was won by an employee of FlightSafety International, a Berkshire subsidiary. The winner asked to be anonymous.<\/p>\n

This year’s rules stated that if an entrant picked at least 30 of the tournament’s 32 first-round game winners, they’ll get the cool million. In the past, employees needed a perfect first-round bracket (which is the reason for no past winners).<\/p>\n

But Marc Hamburg, Berkshire’s chief financial officer, told the WSJ that 12 brackets actually had 31 of the 32 first-round games correct this year. So it went to a tiebreaker to see which bracket went the longest without a loss. The winner called the first 29 games in a row correctly.<\/p>\n

“I feel good that we sort of hit the sweet spot on this one,” Buffett told the WSJ.<\/p>\n

The runners-up (all 11) get $100,000 each.<\/p>\n

Buffett said he doesn’t know the name of the winner of the $1 million prize and was told the person doesn’t want to be publicly identified.<\/p>\n

Related:<\/b> Worried About the Market? Here’s How Warren Buffett, Ray Dalio, and Harvard University Protect Their Portfolios<\/a><\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Warren Buffett has been trying to give away $1 million to an employee of Berkshire Hathaway during the NCAA’s March Madness basketball tournament \u2014 for at least a decade. Buffett, 94, previously told The Wall Street Journal that the company made it easier than ever this year because he wants to see the money finally […]<\/p>\n","protected":false},"author":5,"featured_media":15546,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1742933557-Buffett-2150879228.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-15545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=15545"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15545\/revisions"}],"predecessor-version":[{"id":15547,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15545\/revisions\/15547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/15546"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=15545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=15545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=15545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}