Jay-Z, Warren Buffett Team Up In Animated Video To Teach Financial Literacy (VIDEO)

Jay-Z's latest video appearance likely won't make it to MTV or VH1.

The rapper, entrepreneur and husband of Beyonce is teaming up with Warren Buffett to help school kids become more financially literate. Jay-Z will make an appearance in Buffett’s "Secret Millionaires Club," an animated series about a group of kids led by Buffett as they tackle financial emergencies, according to The New York Times. The entire episode has yet to be released, but in the sneak peak, the rapper aims to educate the kids on giving back.

"As a team you can put your interest in business to good use," a cartoon version of Jay-Z tells the kids from his New York office. "That's what I've done, being a good business man has allowed me to help others."

The rapper started a scholarship foundation in 2003 to help kids with limited means pay for college. He's also made generous donations to the Boys and Girls Clubs of America and the Red Cross.

It's no surprise that a show with Buffett's name attached to it would encourage viewers to give back. The billionaire investor has given away $3.25 billion of his own money, mostly to the Bill and Melinda Gates Foundation, and plans to ultimately give away half of his wealth, according to Forbes.

Buffett's also received attention recently for his willingness to give to the U.S. government. In an August op-ed in the NYT, the Berkshire Hathaway CEO urged policymakers to up taxes on the "super-rich."

But this isn't the first time Buffett and Jay-Z have appeared together to talk about how they made their money and what they do with it. The two have also sat down with Forbes to talk about the secrets of their success.

Comments

[michelleobamaok]

03:04 AM on 10/24/2011

Ahahahahahahaha~!

[jonesenterimail]

02:05 PM on 10/21/2011

"Do things to help people, Like help my charity?"
Like How can you provide help to something you call you already own?
You only help yourself and promote yourself as a good samartian/hero, who 'helps' by giving people money? Blow the trumpets on top of the empire state building why don't yeah, I don't think the people in china could hear you. People don't need your money/organization, they need love and human care, then they will recover and prioritize their lives properly. Love over money forever. You placed yourself on that glittering throne, while you watch us 'ignorants', because we don't have as much money as you, suffer because we're not willing to bow down to those who give you your checks.

[BigWillyG]

04:27 PM on 10/20/2011

Got 99 problems but a bad credit rating ain't one.

[lifeandvictory]

03:57 PM on 10/20/2011

"Well I think Mr. Buffet punked us"
is all I heard, then the video paused right there to rebuffer, which is hilarious, cause all I really planned to type in response to Jay-z and Buffet teaming up to teach financial literacy is, are they giving stick classes in backstabbing techniques? Here kids, lull them into your office with a business proposition, when they look out the window, stick them like so, twist it, take the money bags and run . .

[Ryn ShaneArmstrong]

08:17 PM on 10/19/2011

Hey, kids! Be a "good businessman" like your uncle Jay-Z. Steal a basketball team, go into your hometown of Brooklyn, get into bed with a shady developer (Ratner), protect your bank account by taking on millions in public money, evict the locals to build a massive commercial and residential property (Atlantic Yards project), and then trot out a bunch of school children to spin the whole thing off as a gesture of loyalty to your old neighborhood. Great message for the young ones.

[jmoser1973]

04:36 AM on 10/20/2011

wow i thought i would at least read a few good comments before the haters emerged. Lets see your contributions to the world

[Ryn ShaneArmstrong]

10:41 AM on 10/20/2011

No substantive criticism here. Just name-calling. Can you dispute anything I've said? Jay-Z's involvement in the corrupt land-grad that is the Atlantic Yard project is somehow non-existent in your world?

[dimplesmile7]

10:16 AM on 10/20/2011

You are a hater and people should just disregard your post. I knew I was wasting my time after the first sentence.

[Ryn ShaneArmstrong]

10:42 AM on 10/20/2011

See above.

[Desdomonia]

02:04 PM on 10/19/2011

Fabulous idea. Kids today need to be entertained to learn, sad but true. As for using rap well my daughter can still name all the presidents from the Presidential Rap she learned in first grade so the tool worked.

[jmoser1973]

04:37 AM on 10/20/2011

its actually proven that many learn better through song. That's how I learned some of the Constitution that I had to recite in school.

[VolcanoInsurance]

01:15 PM on 10/19/2011

It's a sad day when a former crack dealer and a tax cheat team up to educate kids on business.

[gvnn688]

08:54 PM on 10/19/2011

Well I am glad you reformed yourself.

[jmoser1973]

04:39 AM on 10/20/2011

Its a sad day when people can't forgive. People can't learn lessons in life huh? Jay-z has done so many positive things and you are still stuck on something that he gave up almost 20 years ago. Let the hate go, it will only burn you up inside.

[lifeandvictory]

04:07 PM on 10/20/2011

I don't think it's hate, it's the facts. Let's say a man kills a rich lady and goes to jail, but when he comes out, he gets her money. Every one knows he did it, everyone knows the money, gave him a short sentence. 5 years later, the media is his friend and slowly begins the brainwash and he is once again accepted into society. He now owns a clothing line, a chain of movie theaters and is the greatest thing since sliced bread. I'm not one to never forgive. I believe in forgiveness and love everyone. We have all made some mistake at some time. What I don't believe is that someone should be able to not only get ahead but continue to rule over the rest of us, when they truly haven't changed. So the example I gave is, let's all go kill the rich people and excel. This is a dog eat dog world saying is ok? Not with me.

[Indep Votr]

01:11 PM on 10/19/2011

Is Warren going to teach the kids to pay their taxes, while he skirts his? Maybe Buffett will teach the youngsters what "hypocrisy" is all about.

[Ryosuke91t]

02:05 PM on 10/19/2011

ummm... because he hasn't been speaking out against the unfair tax rate for YEARS now?

skirts his? Sources?

not" LLC and various other tax forms from previous years are available per the freedom of information act.. so please post those tax returns and we all won't think you're either a liar or just ignorant.

[Indep Votr]

02:17 PM on 10/19/2011

He has been nothing but hypocritical on the tax issue. Buffett says he's willing ot pay more, yet he chooses not to. And he is the Chairman of B-H, and refuses to tell his accountants to pay what is owed.

Utter hypocrite.

[Desdomonia]

02:05 PM on 10/19/2011

So he should voluntarily pay taxes without being required to? Taking advantage of a tax code, which btw the he wants to change, is good business.

[Indep Votr]

02:18 PM on 10/19/2011

He has the option of doing what he proposes that others be forced to do. Yet he does not.

Utter hypocrisy.

[rhymney]

06:08 PM on 10/19/2011

Unless he puts up some money, it's just talk. He shields his income and will shield his estate through charitable giving. He doesn't seem to be advocating say, a cap of charitable giving deductions at $1 million a year for income and estate taxation. That is where the real money is. He has a net worth of about $40 billion and I'm guessing $39.9 billion is untaxed unrealized capital gains. When he gives the stock away, no taxes are paid and he gets to deduct the current market value.

[RocheTm]

01:00 PM on 10/19/2011

I really don't think people should be using rappers as role models for kids.

[ralp817]

01:06 PM on 10/19/2011

Is he telling them the road to financial security is to sell crack?

[jmoser1973]

04:41 AM on 10/20/2011

dumb

[Desdomonia]

02:07 PM on 10/19/2011

Why not? We should use who? pedophile priests? immoral politicians? people who embezzle from non profits?

[whitemale08]

12:56 PM on 10/19/2011

The message is: "...sell lousy cds by making a culture out of it or become bailout-billionaire".

Good luck kiddies.

[ralp817]

01:07 PM on 10/19/2011

Lighten up. If you could sell lousy CDs you would so don't be a hater

[Ryosuke91t]

02:16 PM on 10/19/2011

Itunes albums (which is how music is sold these days) sell for 7.99.

of which the artist makes about 75 cents.

It's all about the right investments with any amount of money you gain.

Ford shut down 3 factories here and moved them to Mexico...

...then they shut those down(60,000 unemployed) and opened em in China because Mexico raised they're minimum wage by 25 cents. Now that's how to become a billionaire before 50. Jay Z had to work, the sucker.

[jmoser1973]

04:44 AM on 10/20/2011

or you can do like Jay-Z and sell artistic cds and make an empire for yourself and teach kids how. I guess you wouldn't see that whitemale.

[tumorimmunologist]

12:55 PM on 10/19/2011

Although I applaud Warren and others like him for giving, I find it sad that we need to exploit many in order to give charity to a few. Investing used to be something people did to support a company they believed in, now it is just a way to "game" the system and siphon off money for nothing. Wall street produces nothing and steals from those that do.

[Eric Shin]

12:34 PM on 10/19/2011

All the kids are going to think Jay Z and the old man from Up are collaborating they will be on such a rush.

[Drect]

12:00 PM on 10/19/2011

Hear comes the screams of "indoctrination!" from the Right. I'm sure credit card companies depend on these kids not knowing anything about finance when they get out of school so they can saddle them with debt early.

[ambrecel]

11:55 AM on 10/19/2011

I like this video.

[miketothad]

11:48 AM on 10/19/2011

Conned-servatives might avoid the video, in fear of having their kids indoctrinated with arithmetic.