Billionaire investor Charlie Munger, Warren Buffett's longtime partner at Berkshire Hathaway, has died at the age of 99. Their
partnership allowed the company to grow at a rate of 20% per year.
At the age of 99, Charlie Munger, a billionaire investor, has died in a
Billionaire investor Charlie Munger has died in a California hospital. This was reported by the press service
of Warren Buffett's Berkshire Hathaway, UNN reports.
Berkshire
Hathaway could not have reached its current status without the inspiration, wisdom and
Charlie's involvement
Details
Munger and Buffett were partners
for almost 60 years - they met in 1959 at a dinner party in their hometown
hometown of Omaha, Nebraska. Munger joined Berkshire Hathaway in 1978. According to
Bloomberg notes that under their leadership, from 1965 to 2022, the company grew by an average of 20% annually.
Munger was
vice chairman of Berkshire and one of its largest shareholders, whose shares
which was valued at approximately $2.2 billion. According to Forbes, his
total net worth was about $2.6 billion.
It is reported
that Munger's family will manage his affairs in accordance with the instructions they left
instructions left by them.