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Charles (Charlie) Thomas Munger, an American businessman, a legend of the investing world, philanthropist, and vice chairman of Berkshire Hathaway, died on 28th November at the age of 99. Warren Buffet, who controlled the Berkshire Hathaway conglomerate, described Mr Munger as his closest partner and right-hand man.
Charles (Charlie) Thomas Munger, an American businessman, a legend of the investing world, philanthropist, and vice chairman of Berkshire Hathaway, died on 28th November at the age of 99. Warren Buffet, who controlled the Berkshire Hathaway conglomerate, described Mr Munger as his closest partner and right-hand man.
Mungers death is a big loss to the world and investing community whose priciples and philosophy had become a guiding force and mantra for many generations of investors globally. Munger was known for his light-hearted wisdom and sarcastic but profound philosophical thoughts.
Charlie Munger would go on to become Warren Buffett's chief lieutenant at Berkshire Hathaway and attain a net worth of about $2.6 billion until his death.
Charles Munger started as an L.A. lawyer before becoming Warren Buffett's billionaire investment partner.