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Billionaire investor Warren Buffett, has signed on as an advisor on the eighth season of “The Celebrity Apprentice”, a reality show and competition to be hosted by actor Arnold Schwarzenegger.
This is happening more than a decade after advising Schwarzenegger during his successful 2003 run to become California’s governor.
Schwarzenegger is taking over “Celebrity Apprentice” from Donald Trump, the Republican presidential candidate.
The winner will receive a 250,000 dollars cheque to give to charity.
Top celebrities competing to become Schwarzenegger’s apprentice are Laila Ali, the boxing champion and wellness expert, who is a daughter of Muhammad Ali; football stars Eric Dickerson and Ricky Williams; retired basketball star Lisa Leslie.
Others are singers Boy George and Mötley Crüe’s Vince Neil; actor Jon Lovitz, and reality TV stars Nicole “Snooki” Polizzi and Kyle Richards.
Buffett will join actress Jessica Alba, talk show host Tyra Banks, Los Angeles Clippers owner and former Microsoft Corp chief Steve Ballmer, and Patrick Knapp Schwarzenegger, an entertainment lawyer and Arnold Schwarzenegger’s nephew, to offer guidance to the 16 contenders in the reality competition.
Buffett, 85, is worth about 59 billion dollars, making him the world’s third richest person, according to Forbes magazine, in spite of having donated more than 21 billion dollars of Berkshire stock since 2006.
He runs Berkshire Hathaway Inc. since 1965 and owns nearly one-fifth of the insurance and investment conglomerate.
Many investors revere Buffett for his plain talk on investing, the economy and life generally, as well as his investing track record.
He has appeared regularly on TV in recent years as his fame and fortune have grown. (NAN)
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