Billionaire investor Warren Buffett has signed on as an advisor on the eighth season of NBC's "The Celebrity Apprentice," more than a decade after advising new host Arnold Schwarzenegger during his successful 2003 run to become California's governor.
Buffett will join Jessica Alba, 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.
Among the 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; singers Boy George and Mötley Crüe's Vince Neil; actor Jon Lovitz, and reality TV stars Nicole "Snooki" Polizzi and Kyle Richards.
The winner will receive a $250,000 check to give to charity. Scheduling has not been announced.
Buffett, 85, has run Berkshire Hathaway Inc since 1965 and owns nearly one-fifth of the insurance and investment conglomerate.
He is worth about $59 billion, making him the world's third richest person according to Forbes magazine, despite having donated more than $21 billion of Berkshire stock since 2006.
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.
Schwarzenegger is taking over "Celebrity Apprentice" from Donald Trump, the Republican presidential candidate who also hosted the NBC show "The Apprentice." NBC is part of Comcast Corp.
READ: Schwarzenegger to replace Trump on 'Celebrity Apprentice'
Buffett did not immediately respond to a request for comment through his assistant.
Reuters
Fri Jan 29 2016
Arnold Schwarzenegger speaks during a news conference with billionaire investor Warren Buffet in New York in this Feb 25, 2004 file photo. REUTERS/Kathy Willens/Pool
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.