OMAHA, Neb. (AP) — Fans of investor Warren Buffett can now buy oversized cutouts of his head to wave around in public.
Fathead usually makes cutouts and life-size posters of athletes and celebrities. The Detroit-based company said Monday that customers wanted a Buffett cutout after they were used to promote Buffett's $1 billion NCAA tournament challenge.
Fathead CEO Patrick McInnis says Buffett agreed to let the company sell his likeness because all the profits will go to two Detroit nonprofits: Money Matters for Youth and Motor City Blight Busters.
Buffett made several television appearances in recent weeks because his firm was insuring a $1 billion prize for a perfect NCAA tournament bracket in a Quicken Loans contest.
Buffett is chairman and CEO of the Omaha, Neb., based Berkshire Hathaway conglomerate.