GameStop Investor Donates to Charity Instead of Buying Dream Corvette

This 20-year-old invested in the market to buy a Corvette. He ended up making a huge difference. 

When Hunter Kahn first got involved in the stock market, he did so with one goal in mind: Corvette. The 20-year-old Cornell University student first started playing the the stock market in high school. He hoped he could make $12,000 to purchase a 1990s era Corvette. What he didn’t expect was that his expedition in day trading would pay off with such remarkable dividends.

Adventure Capitalist 

Kahn was one of the amateur investors who recently sent the Dow Jones into a tailspin. Largely meant to give the Fat Cats a much-deserved comeuppance; many investors coordinated on social media communities to push the value of struggling retailer GameStop. Millions of outsider traders purchased shares en masse. And they did succeed in driving the stock to almost $500 a share, and making a tasty profit.  C4 or C5 Corvette goal was met.

“This is somewhat a transfer of power from the big guys to the little guys, or at least an eye-awakening, saying, ‘Hey, we’re just as much in this game as you guys are. There’s nothing special about y’all,” Kahn told ABC News.

Is That All There Is?

Ultimately, the act of rebellion against the system became muddied with the likes of hedge funds, shareholders, the SEC, and so on. As the dust was still settling, Kahn realized that maybe the players changed, but the game remained the same. So he decided to do something about it.

“It would be meaningless if the money went from one side to the other and we behaved in the way that we’re criticizing the top dogs,” Kahn said. “So we have to change up our manner of behavior in some way and I thought that it would be appropriate if I used my money for good, to help prevent myself from becoming a man in a suit.”

Kahn took a portion of his $30,000 profit and purchased multiple gaming devices and video games at multiple GameStop locations. Then he headed over Children’s Minnesota Hospital to donate them to the young patients.

“I wanted my donations to be GameStop purchases since this is how it all started,” he says. “And there’s no one more deserving of Nintendo Switches than some kids going through a hard time.”

Children’s Minnesota Hospital told ABC News that the surprise donation “has already put smiles on the faces of sick children being treated at the hospital.” Kahn is just glad that the kids are already enjoying their new Switches and stash of games

Someone Get This Man a Corvette! 

It speaks volumes to Kahn’s character that he did something so selfless with his profits. Even more so that he is humble and gracious. “I have been very fortunate in life and I have so much time ahead of me still,” he says. “This donation, I can easily come back from it and I will continue to do donations in the future, hopefully, if things keep going well for myself. It feels better than when you wake up in the morning and you see that you made some money.”

It’s been quite a journey for Hunter Kahn. From an 18-year-old who started dabbling in stocks to buy a ’90s Corvette to impress his crush; to a savvy and generous young man who played that system masterfully to benefit others; we are huge fans.

Now can someone please get this man a Corvette!

Photos: Hunter Kahn/ABC News; GM Media

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