(BRK.A), (BRK.B)
After a decade of trying, Warren Buffett has finally given away his March Madness prize money. The winner of Berkshire Hathaway’s 2025 Bracket Contest, an employee of FlightSafety International Inc., correctly predicted the outcome of 31 out of 32 games in the NCAA Men’s Basketball Tournament. As a result, the lucky winner will receive the grand prize of $1,000,000.
The contest saw 12 employees from Berkshire’s subsidiaries, including the winner, correctly pick 31 of the 32 games. The winner’s impressive streak included correctly predicting the first 29 games before missing the outcome of game 30 (Xavier vs. Illinois). Eleven runners-up, who also made notable picks, will each walk away with $100,000.
The winner’s success didn’t stop there. Over the weekend, they predicted 13 straight winners, boosting their overall record to 44 correct picks out of 45 games.
© 2025 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.