Warren Buffett, the second wealthiest person in the United States and CEO and Chairman of Berkshire Hathaway, is offering staff $1million (£800,000) a year for the rest of their life if they correctly predict the teams who will make it to the Sweet 16: the regional semi-finals of the NCAA Division I Men's Basketball Tournament.
68 college teams compete; and last year only 14 out of over 11 million entries on ESPN correctly guessed all 16.
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