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Buffett's golden partner and Berkshire Hathaway vice chairman Charlie Munger has died at the age of 99

2024-02-27 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

Thanks to CTOnews.com netizen grass Luo Yuzi for the clue delivery! CTOnews.com, Nov. 29 (Xinhua)-- Berkshire Hathaway issued a statement on its subsidiary US business information website on Tuesday, local time, that investment genius and Warren Buffett's right-hand man, Charlie Munger, has died at the age of 99.

Charlie Munger's family has just told him that he died peacefully in a California hospital on Tuesday morning, just a month short of his 100th birthday, according to a press release.

Without Charlie's inspiration, wisdom and participation, Berkshire could not have been where it is today, Buffett said in a statement.

As of November 28, 2023, Munger was worth $2.6 billion (CTOnews.com Note: currently about 18.616 billion yuan), according to Forbes.

According to public data, Munger was born in Omaha, Nebraska on January 1, 1924. He graduated Magna cum laude from Harvard Law School in 1948 and went straight to California court to become a lawyer. He has been vice chairman of Berkshire Hathaway since 1978.

The old man has teamed up with Buffett over the past 46 years to create the best investment record ever-the book value of Berkshire shares created an investment myth with an average annual compound return of 20.3%, with the share price rising from $19 to $84487.

The industry likens Munger to Buffett's golden partner, as well as the "behind-the-scenes think tank" and "the last secret weapon". Its popularity and transparency in the outside world has been very low, and its wisdom, value and contribution have been seriously underestimated by the world.

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