Tilman's March Madness

Houston billionaire tosses $10,000 in March Madness charity bracket to pick basketball winners

Houston billionaire tosses $10,000 in March Madness charity bracket

Tilman Fertitta_Billion Dollar Buyer_March 2016
Tilman Fertitta films a segment for Billion Dollar Buyer shortly before signing up for Bloomberg Brackets for a Cause. Courtesy of Landry's Inc.

As if Tilman Fertitta weren't busy enough with the Tuesday premiere of his Billion Dollar Buyer program on CNBC, H-Town's high-profile billionaire has taken time out to test his roundball intuitions by participating in the Bloomberg Brackets for a Cause March Madness competition.

Fertitta joins a host of big guns from the worlds of finance, business, and sports who have each put up $10,000 in the hopes of winning a total of $400,000 for the charity of the winner's choice. Fertitta's selection — Houston Children's Charity of which he is board chair.

"We brought together a group of titans from the worlds of business and finance to take their best shot at filling out the perfect March Madness bracket," the website boasts.

Indeed, the Bloomberg players include Dallas Mavericks owner Mark Cuban, Under Armour founder Kevin Plank, New York Knicks president Phil Jackson, Cisco Systems executive chairman John Chambers, Los Angeles Clippers owner Jeanie Buss, and, of course, Michael Bloomberg.

Fertitta's picks for the winning teams — Kansas and the University of Virginia with Kansas taking home the trophy. This is the entertainment czar's second go in the charity bracket. Fingers crossed, he is luckier this year than last.