Charlie Munger

Charles Thomas Munger (January 1, 1924 – November 28, 2023) was an American investor, businessman and philanthropist. He was vice chairman of Berkshire Hathaway alongside Warren Buffett. He was chairman of Wesco Financial Corporation from 1984 through 2011. He was also chairman of the Daily Journal Corporation and a director of Costco Wholesale Corporation.[2]

Charlie Munger
Charlie Munger (cropped).jpg
Munger at Berkshire Hathaway's 2010 shareholder meeting
Born
Charles Thomas Munger

(1924-01-01)January 1, 1924
DiedNovember 28, 2023(2023-11-28) (aged 99)
Alma materUniversity of Michigan
California Institute of Technology
Harvard University
OccupationVice Chairman, Berkshire Hathaway
Known forLeading investments at Berkshire Hathaway with Warren Buffett
Net worthUS$2.7 billion (September 2023)[1]
Signature
Charlie Munger Signature transparent.png

Munger was born in Omaha, Nebraska, in 1924. As a teenager he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather.

He enrolled in the University of Michigan, where he studied mathematics, but dropped out a few days after his 19th birthday to serve in the U.S. Army Air Corps. He became a second lieutenant. He studied meteorology at Caltech in Pasadena, California.

After moving to California, he worked at a law firm before setting up his own firm. He later quit law and began to develop real estate. He got his start as an investor in the early 1960s and is mostly known for his association with Buffett.

In his 50s, after a failed eye cataract surgery that made his left eye blind, Munger had his left eye removed because of severe pain.[3]

In September 2023, Munger had an estimated net worth of $2.7 billion according to Forbes.[4]

Munger died at a hospital in Santa Barbara, California on November 28, 2023, at the age of 99.[5]

Charlie Munger Media

References

  1. Profile, forbes.com; accessed March 13, 2018.
  2. "Charlie Munger". Investopedia. Retrieved 2021-11-16.
  3. "Lessons on Adversity from Charlie Munger: Be a Survivor, Not a Victim". Right Attitudes. January 24, 2017. Archived from the original on May 3, 2020. Retrieved April 21, 2020.
  4. (in en) Forbes profile: Charles Munger. https://www.forbes.com/profile/charles-munger/. Retrieved 1 March 2021. 
  5. Steinberg, Marty (November 28, 2023). "Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99". CNBC. https://www.cnbc.com/2023/11/28/charlie-munger-investing-sage-and-warren-buffetts-confidant-dies.html. Retrieved November 28, 2023. 

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