Money

Rankin Paynter Buys Everything in Kentucky Kmart, Gives it to Needy

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Besides having a super-cool name, Rankin Paynter may just be the coolest man in Kentucky. When Paynter heard that the Kmart in his hometown was closing its doors, he got to work.

He entered the store, went for his wallet and bought everything in sight.

And when we say everything, we mean the entire $200,000 worth of inventory the store had left. And then -- here's the best part -- he gave it all away to Clark County Community Services, a nonprofit that helps families in Winchester, Kentucky.

Paynter's reasoning was rather simple: "It's time to give back."

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This judge looked an inmate square in the eyes and did something that left the entire courtroom in tears:

Wow. According to news reports, the gift of goods was the largest donation the nonprofit group ever received. And, thanks to one man, the local children in need with have enough coats and hats during the next winter.

According to MSNBC: Paynter, who runs a jewelry-exchange business known as Rankin Paynter Buying Center, also rented out a building to store all the items.