ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Boy gives his last dollar to someone he mistook as 'homeless' — what he got in return changed his life

This happened when 42-year-old Matt Busbice left his house in a rush one morning after he heard a fire alarm.
UPDATED JAN 3, 2025
Representational image showing a homeless man (Cover Image Source: Getty Images Representative Image | Jozef Polc)
Representational image showing a homeless man (Cover Image Source: Getty Images Representative Image | Jozef Polc)

In a recent heartwarming incident that is sure to restore your faith in humanity, a nine-year-old boy in Baton Rouge Louisiana mistook a millionaire as homeless and gave him the only dollar he had, as per WBRZ.

This happened when 42-year-old Matt Busbice left his house in a rush one morning after he heard a fire alarm. Thankfully, he found that there was no fire and later headed to a cafe where he placed an order and stepped outside to do his morning prayer.

This is where nine-year-old Kelvin Ellis Jr. approached him and gave him a dollar. "I said, 'Excuse me, sir, are you homeless? Because if you are, here's a dollar,'" Ellis Jr. recalled, adding that he had always wanted to help a homeless person, via CBS.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Matt Busbice (@mattbusbice)


 

"I had money, it wasn't that much — but it could still help him get something," he said. Hearing this, Busbice had tears in his eyes, he hugged the child, and decided to reward him for his kindness. Busbice later told CBS News that he hadn't had "that much faith in humanity in a very long time."

Pleased by his kind gesture, he later bought Ellis Jr. breakfast and took him for a shopping trip to his sporting goods store where he gave him 40 seconds to choose whatever he liked. As per the reports, Ellis Jr. got a few items including a brand new bike. 

As for the nine-year-old, he had donated the only dollar he had earned by himself after securing good grades in his examination. Kelvin Ellis Jr. was not only rewarded by Busbice but also lauded by netizens who took to various social media platforms to praise him. "What a great kid and good on the guy. I bet they stay friends!" writes @OldSaltSouth in a post on X. 


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Matt Busbice (@mattbusbice)


 

Ellis Jr. tells CBS, that he felt joy as he helped someone. "Give something away, and you feel like you've got a lot of things from it," he added, while Busbice believed that if you give something, you get more out of it. "I couldn't grasp that as a kid. And if we can spread that around, everything changes," he added. 

As per reports, Busbice is a millionaire who built his fortune through a series of outdoor businesses and brands focused on the hunting industry. 

Homelessness shot up in Louisiana after Hurricane Ida destroyed homes and displaced residents throughout coastal Louisiana in August 2021. The state's homeless population spiked to never seen before levels. In 2022, Louisiana had an estimated 7,373 people experiencing homelessness, which was the 14th highest rate across the nation. 


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Matt Busbice (@mattbusbice)


 

However, since then the number of homeless people has declined as some have been moved into the state's expanded low-barrier homeless shelter in recent months, as per Martha Kegel, executive director of UNITY of Greater New Orleans. From 2020 to 2022, the state has suffered the second-largest percentage increase in homelessness levels, up by a whopping 132.4%, as per the 2022 Annual Homelessness Assessment Report to Congress.

This article originally appeared 7 months ago.

MORE ON MARKET REALIST
The President recently signed an order barring corporations from buying single family homes.
4 hours ago
If consumed the product could prove fatal for those with a peanut allergy.
4 hours ago
She missed out on the car by just one number, which must have been painful.
4 hours ago
Regional grocers had a fantastic performance as they took the top three spots in the rankings.
4 hours ago
They wished to remain anonymous and took some time to seek financial and legal advice.
7 hours ago
Increased consumer spending, exports, government expenditure, and investment drove the U.S. economy's 2.5% annualized growth rate.
8 hours ago
"The A was a good guess but the B or the O could be used. Q is a rare letter but not frequently used here," a fan reacted.
15 hours ago
She had a good feeling about the item when she saw it but she wasn't sure of its value.
1 day ago
The overhaul comes as a direct result of the Trump administration's aggressive budget cuts.
1 day ago
She did not put a foot wrong in her performance which left fans and the cast impressed.
1 day ago
He also credited US President Donald Trump for his vision of re-industrialization with AI.
1 day ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
1 day ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
1 day ago
She did not win much but it would have been better than going home empty-handed.
2 days ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
2 days ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
2 days ago
It seems like the people of Denmark are replying to the US by using their own tactics.
2 days ago
It is part of a program running from 2017 which has seen almost $7 billion in payouts.
2 days ago