Billionaire investor Warren Buffett -- the man who thinks the "super-rich" need to "stop being coddled" and, in turn, taxed at a higher rate than they are currently taxed -- has joined forces with rapper Jay-Z on an animated show for Hub TV intended to teach children about investing called "The Secret Millionaires Club."
In the premier episode titled, "Be Cool to Your School," set to air October 23, Buffett gives financial advice to a group of teens attempting to raise money for their school and a trip to New York City. Jay-Z guest stars as himself -- a successful music mogul.
The show's description reads:
After four smart 14-year-olds get schooled on money and life by financial sage Warren Buffett, they form a club to give practical financial advice to people around the world. To reach as many as possible, they use the Internet to do research and find business owners or other kids who could use financial advice. Meanwhile, thanks to their own adventures and the advice of celebrity guest stars, the four SMC members keep learning their own lessons.
Not that many people noticed when Warren Buffett lent his name and (younger) likeness to the Secret Millionaires Club web series on AOL Kids. The show is a tad goofy and it obviously didn’t get that much money from Warren for production values. But the show’s intent is wonderful: teach kids lessons about financial responsibility and build good investing habits. Now the news comes that Jay-Z is lending his name and likeness to the show as it makes the leap from Web to TV. The rapper will costar in the premiere TV episode of SMC on October 23. As Good.com reports, “During the episode, Jay-Z invites four students to his office and applauds their hard work in school, then gives them some tips on how they can become successful later in life.”
Only one snag: What if these kids take Buffett's and Jay-Z's advice and grow up to become "super-rich?" It has yet to be revealed whether the show delves into topics entrepreneurs face every day -- like taxes, and regulations...
Below is a clip for the premier episode: