Berkshire Hathaway has announced the passing of its vice chairman, Charlie Munger, a respected billionaire and long-standing collaborator with Warren Buffett. Munger died on Tuesday morning in a California hospital, just shy of his 100th birthday.
The company shared this somber news in a recent press release, stating, “Family members have informed Berkshire Hathaway of Charlie Munger’s peaceful passing earlier today in a California hospital.” Munger, who was integral to the company’s growth and success, would have celebrated his 100th birthday on New Year’s Day.
Warren Buffett, reflecting on Munger’s significant role in Berkshire Hathaway, remarked, “Charlie’s inspiration, wisdom, and active involvement were essential in shaping Berkshire Hathaway into what it is today.” The press release further noted that Munger’s family would oversee all matters in line with his wishes.
Munger’s remarkable career extended well beyond Berkshire Hathaway. He served as chairman and publisher of the Daily Journal Corp. and was also a renowned real estate attorney. His roles included serving on the Costco board and engaging in various philanthropic activities. Munger was also known for his architectural expertise, showcasing his diverse skills and insights across numerous sectors.