From the Editor

  • Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett's longtime friend and business partner, died in November 2023 at age 99.
  • An Omaha native, Munger left the University of Michigan to become an Army meteorologist during World War II.
  • He later earned a degree from Harvard Law School and met Buffett at a dinner party in 1959. He joined Berkshire Hathaway in the 1970s.
  • At the time of his death, Munger served on Berkshire's board as well as the boards of newspaper publisher Daily Journal Corp. and retailer Costco.
  • Like Buffett, he was known as a pragmatic investor and an active philanthropist who lived relatively frugally and gave millions to universities.
Wealth History
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Forbes Lists

Personal Stats
Source of Wealth
Berkshire Hathaway, Self Made
Citizenship
United States
Children
8
Education
Doctor of Jurisprudence, Harvard University; Drop Out, University of Michigan
Did you know
As a kid, Munger worked at Buffett's grandfather's grocery store in Omaha, earning $2 for ten hours of labor.
In Their Own Words

If you don't learn to constantly revise your earlier conclusions, and get better ones...you're like a one-legged man in an ass-kicking contest.

Charles Munger

More on Forbes

Nov 30, 2023

The Warren Buffett Whisperer: Charles Munger (1924-2023)

Berkshire Hathaway Vice Chairman Charlie Munger passed away this week in Santa Barbara, California. For five decades, Munger was Warren Buffett’s righthand man and north star—a likeminded soul who commanded and received respect and admiration from the Oracle of Omaha as his trusted consigliere and mentor in the discipline of producing wealth through stock-market investing.
May 22, 2018

Goldman Says Chinese A Shares Are A Must-Have

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Jul 12, 2015

25 Common Misjudgments That Can Destroy Your Career

Charles Munger has made a career of avoiding common errors in judgment. The longtime vice chairman of Berkshire Hathaway long ago assembled a checklist of 25 tendencies that lead to what he called "psychology-based dysfunction." In other words, they are predictable traps that cause professionals to make bad decisions. Mr. Munger collected these misjudgments in a [...]
Apr 30, 2011

Someday Berkshire Hathaway May Split Its Stock, Pay A Dividend, Forsake Omaha

That's the essential beauty of Omaha in early May. Ordinary Americans come to hear the guardians of their nestegg, to find out their savings are safe and growing still at 20% a year. Imagine knowing that Warren Buffett and Charles Munger are looking after your money. There's never been such an opportunity in American finance-- and when they are no longer able to offer this service, it will be a tragedy. For their like are hard to find, to duplicate.