Charlie Munger Perishes Charlie Munger, vice president of Berkshire Hathaway, has passed away. He passed away in a California hospital. was the billionaire Warren Buffett’s most reliable confidant. Warren Buffett expressed his sadness over Charlie Manger’s passing and noted that he made a significant contribution to Berkshire Hathaway’s success. In 2023, Charlie Munger’s net worth was estimated to be $2.3 billion.
Charlie Munger, the billionaire and seasoned investor Warren Buffett’s most trusted friend, has passed away. At the age of 99, he passed away. Berkshire Hathaway issued a press release confirming his passing. He passed away in a California hospital.
He held the post of Vice President of Berkshire Hathaway. He was one of Berkshire’s largest shareholders. The value of his stock was about $2.6 billion.
Warren expressed grief over the death of his friend
Expressing grief over his demise, Warren Buffett said, that Charlie Manger has an important contribution to the success of Berkshire Hathaway. Without him, Berkshire Hathaway could not have achieved this position. Charlie played a role in establishing the company. doing.
Charlie Munger’s net worth in the year 2023 was $2.3 billion. In the annual meeting of Berkshire Hathaway held in the year 2021, he discussed the future plans of the company. He had talked about handing over the command of the company to its Vice Chairman Gray Abel.
Buffett and Manger were friends for 60 years
On January 1, 1924, Charles Thomas Munger was born in Omaha. He enrolled at Mission University when he was seventeen years old. In 1942, he enlisted in the army following this. Nancy Hagins was his first wife, whom he married in 1945.
He married Nancy Barrie Borthwick, a mother of two children, after divorcing Nancy in 1953. Charlie Munger and Warren Buffett first became friends in 1959. Charlie became vice chairman of Berkshire Hathaway in 1978 after joining Buffett there.
Called Bitcoin ‘poison’
Manger had opposed Bitcoin in the year 2013 itself. He compared Bitcoin to ‘Rat Poison‘. At the same time, he described cryptocurrency as fraudulent and partially misleading.