© 2020 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Kids Pitch Business Ideas To Warren Buffett

STEVE INSKEEP, HOST:

And today's last word in business is: almost millionaires.

INSKEEP: Warren Buffett took time yesterday to listen to kids pitching potential new enterprises. These are kids who competed through Buffett's Secret Millionaires Club, a Web and cable series featuring a cartoon Buffett.

(SOUNDBITE OF WEB CARTOON, "SECRET MILLIONAIRES CLUB")

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

Starting early. Thousands of kids competed. Eight of them, ranging from age seven to 16, got to meet Buffett himself and present their ideas - many of which had a social purpose, such as cupcakes for literacy.

INSKEEP: And the big winners...

(SOUNDBITE OF TAPPING ON TABLE)

INSKEEP: ...included three siblings from Kentucky with an idea Kidtrepreneur Kits. And 10-year-old Matthew Meyer from Ohio, whose idea is for an elastic contraption to help kids learning to write while holding a pen or pencil correctly.

GREENE: I could use that. Each of the winners won $5,000 and 10 shares in Berkshire Hathaway. Mr. Meyer told the Associated Press that those winnings made him rich-ish.

That's the business news on MORNING EDITION from NPR News. I'm David Greene.

INSKEEP: And I'm Steve Inskeep.

(SOUNDBITE OF MUSIC) Transcript provided by NPR, Copyright NPR.

We Need Your Help Now More Than Ever

WFAE mask

Our newsroom is hard at work covering everything from the ongoing coronavirus pandemic to the aftermath of the election, the race for a vaccine and our communities' fight to rebuild. But we can't do it without you. Support our local journalism with a donation of ANY amount, and we’ll send you a free WFAE member mask courtesy of AllDayMask.com of Monroe.