Warren Buffett Gives Young Entrepreneurs 10 Shares

OMAHA, Neb. (AP) —

Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett’s company made Monday the best day of his life.

Matthew says winning the grand prize in a contest tied to “The Secret Millionaire’s Club” cartoon makes him “rich-ish.” The Cincinnati boy won the individual competition with a writing aid he designed.

Buffett says he’s impressed with the thought the kids all put into their products. He gave all the finalists and their teachers 10 Class B Berkshire shares.

Five individuals and three teams between the ages of 7 and 16 from Maryland, Maine, Texas, New Jersey, Ohio, Kentucky and Washington competed.

To Read The Full Story

Are you already a subscriber?
Click to log in!