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The passing of Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett's longtime friend and business partner, puts the company's succession plan in the spotlight.
The Oracle of Omaha isn't fully on the Amazon bandwagon for one likely reason.
Berkshire Hathaway Vice Chair dies at age 99
Charles Munger, who died on Tuesday, went from working for Warren Buffett's grandfather for 20 cents an hour during the Great Depression to spending more than four decades as Buffett's second-in-command and foil atop Berkshire Hathaway Inc. Munger's family had advised that he died peacefully on Tuesday morning at a California hospital, said Berkshire. The union of Munger with Buffett is among the most successful in the history of business; they transformed Omaha, Nebraska-based Berkshire into a multi-billion dollar conglomerate with dozens of business units.
Charlie Munger was a crucial partner for Berkshire Hathaway CEO Warren Buffett.