Winning Bizness Desk
Mumbai. Charles Thomas Munger, the most trusted advisor of legendary investor Warren Buffett, passed away at the age of 99. Munger was also the vice chairman of Warren Buffett's company Berkshire Hathaway. Charlie breathed his last in a hospital in California. Charlie would have celebrated his 100th birthday on January 1. Moments after his demise spread, the entire international market felt a shock and prayed for his departed soul. Munger was considered the right-hand man of Berkshire Hathaway chairman Warren Buffett. While mourning the death of Charlie, Warren Buffett has said that Charlie Munger played a very important role in the success of Berkshire Hathaway. In an official statement issued by Berkshire Hathaway, Warren Buffett said, "Without the involvement and advice of Charlie Munger, Berkshire Hathaway could not have reached such a high level. He played a very important role in growing the company which will be remembered forever.”
A great businessman
Charlie Munger was born on January 1, 1924 and would have been 100 years old next New Year. Industry veterans have mourned the death. "Charlie Munger, a great entrepreneur and observer of the world around him," tweeted Apple CEO Tim Cook. He said that Munger impressed many generations of leaders with his wisdom and understanding. He will be greatly missed. May Charlie's soul rest in peace." Charlie Munger had a net worth of around $2.3 billion. In addition to serving as vice-chairman of Berkshire Hathaway, he was a noted real estate attorney, Costco board member, chairman of the Daily Journal Corporation. Legendary investor and businessman Warren Buffett has a net worth of more than 100 billion dollars.
Charlie Munger's Life Journey
Born in America, Charlie Munger graduated from Harvard Law School, after which he decided to enter the financial field. After this, he founded the financial law firm Munger, Tolles & Olson in 1962. Manger first met Buffett in 1959. Due to their interest in financial matters, both started working together. Charlie Munger started working at Berkshire Hathaway in 1978 and never looked back. He achieved one success after another. Charlie Munger and wife Nancy Barry enjoyed 54 years of happiness. Nancy Barry passed away in 2010. Charlie Munger has three children from his first wife and four from his second wife.