Warren Buffet is offering a billion-dollar prize for predicting the winner of every march madness basketball game. But the story behind getting his billion dollar bet off the ground has been a sordid one.

HE’S aged 84, worth $72.8 billion and getting richer. But he admits he eats like a six-year-old. Arguably the world’s most successful investor and a notable philanthropist Warren E Buffett has revealed how he keeps in shape despite his advancing years.

“I’m one-quarter Coca-Cola,” Buffett, CEO of Berkshire Hathaway, told Fortune.

“If I eat 2700 calories a day, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it everyday.”

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Admittedly Buffett’s Berkshire Hathaway owns $16 billion in Coca-Cola stock but it is not just brand loyalty.

He says his diet is high-sugar and high-salt and he said he changed his eating to mirror a six-year-old.

“I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old,” Buffett told Fortune.

“It’s the safest course I can take.”

So what actually does Buffett eat on a normal day. Let him explain.

“I’ll have one (Cherry Coca-Cola) at breakfast,” Buffett said, adding that he loves drinking Coke with potato sticks.

“I have a can right here ... U-T-Z.”

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Buffett confirms that he has been in talks with the Pennsylvania-based snack maker. to potentially buy it..

His breakfast is a little more substantial than a can of Coke and a carton of potato sticks.

“This morning, I had a bowl of chocolate chip ice cream,” Buffett said.

Is Buffett correct that six-year-olds have the lowest death rate? Federal Government’s Australian Institute of Health and Welfare latest facts on deaths in Australia back his view.

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