Charlie Munger, American billionaire, investor and partner of Warren Buffett, dies

Charlie Munger, American billionaire, investor and partner of Warren Buffett, dies

Kyiv  •  UNN

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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

- said Warren Buffett, CEO of Berkshire Hathaway.

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.

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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.

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