Buffett Meets With Young Entrepreneurs

Warren Buffett, billionaire investor, will spend his day meeting with a select group of children that will pitch him on their business ideas. Don’t expect any of these ideas to generate new acquisitions for Berkshire Hathaway or Warren Buffett.

The kids pitching the ideas are between the ages of seven and 16 years old. They are finalists in a contest that is tied to “The Secret Millionaire’s Club,” which is a cartoon that Warren Buffett narrated and it teaches children about finances. You can watch the cartoon on the Hub cable network, or view it online at www.smckids.com

The group consists of three teams and five kids that were flown in to Omaha in order to present their ideas to Warren Buffett and the other judges. The finalists all come from New Jersey, Washington, Kentucky, Ohio, Maryland, Texas and Maine respectively.

The winner of the contest – both team and individual – will receive a total of $5000. The runner ups get $500.

By Kids for Kids oversees the competition and the Fairholme Foundation is sponsoring it.

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