TechFlow news — On Tuesday, November 28, Berkshire Hathaway issued a statement on its subsidiary Business Wire's website announcing that Charlie Munger, vice chairman of the company, passed away peacefully in a California hospital earlier that morning at the age of 99, just one month shy of his 100th birthday. The company was informed by Munger’s family minutes earlier.
In the statement, Buffett said: "Berkshire could not have reached its present status without Charlie’s inspiration, wisdom, and participation."
Munger served as vice chairman of Berkshire Hathaway and was also one of its largest shareholders. According to Forbes data, as of November 28, 2023, Munger's net worth stood at $2.6 billion.
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