 Edward Stratton III is a toy company magnate who is still a child at heart; his giant Long Island estate is decorated with expensive toys. On the same day his lawyer and business advisers tell him that he is totally bankrupt, he discovers he has a 12-year-old son named Ricky, the product of an ill-fated six-day marriage. The computer-savvy Ricky comes to the house from the military school where his mother left him and discovers that one of his business managers embezzled from Edward. He uses the computer to transfer the stolen money back into the company s account. While initially reluctant to let the boy live with him, Edward eventually agrees because the two of them agree they can learn a lot from one another.