Charlie Munger, the renowned investor, billionaire philanthropist, and vice chairman of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B), passed away at the age of 99 in a California hospital. His departure marks the end of a remarkable journey that will undoubtedly leave a lasting imprint on the pages of financial history.
In an official statement, Berkshire Hathaway conveyed the sad news, acknowledging Munger’s departure with reverence. Munger “peacefully died this morning at a California hospital,” the message read.
Warren Buffett, the CEO of Berkshire Hathaway, expressed his sorrow at the departure of a man who was his cherished confidant and played an indispensable role in the company’s success. The present stature of Berkshire Hathaway stands as a testament to Charlie’s unparalleled “inspiration, wisdom, and participation,” Buffett remarked, underscoring Munger’s pivotal contributions to the company’s journey.
As we at TipRanks reflect on Charlie Munger’s remarkable life, we pay tribute to his financial expertise and his philanthropic efforts that positively impacted numerous lives. Munger’s enduring legacy will continue to inspire and guide future generations.