Berkshire Hathaway Vice Chair Charlie Munger Dies Aged 99

Eve Maddock-Jones
clock

• 2 min read

Veteran investor Charlie Munger, the right-hand man to Warren Buffett, has died at the age of 99.

Munger, who would have turned 100 on 1 January, died peacefully on Tuesday morning (28 November) at a California hospital, according to a statement from his family. Munger had been a vice chair at Berkshire Hathaway since 1978. Buffet, his long-time colleague and CEO, paid tribute to him following the news of his passing. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," he said. Munger was credited with helping Buffett choose how to invest the firm's capital, and loudly pointing out any potential mistakes....

To continue reading this article...

Join Investment Week for free

Signup and gain exclusive members-only insights - all free of charge!

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week

member?

Login

RECENT NEWS

Gyrostat Capital Management: The Missing Allocation In Retirement Portfolio Construction?

For decades, retirement portfolios have largely been constructed using combinations of growth assets a... Read more

When The Gate Comes Down

A Stress Test Rather Than a ScandalApollo Debt Solutions is not a blow-up story. It is something arguably more instructi... Read more

What If The Investment Industry Is Benchmarking The Wrong Things?

  Investment management is built around benchmarking.  Fund managers compare themselves a... Read more

SpaceX Is Looks To Make History

The Biggest Bet in Wall Street History: SpaceX's $1.78 Trillion IPOThere are moments in financial history that stop you ... Read more

Gyrostat June Market Outlook: When Low Volatility Conceals Structural Risk

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direc... Read more

Why Low Volatility Is Not The Same As Low Risk

Why Low Volatility is Not The Same As Low Risk Some of the worst-performing portfolios in... Read more