- by foxnews
- 24 Nov 2024
Here is a look at the life of Charles "Charlie" Munger, business partner of Warren Buffett.
Birth date: January 1, 1924
Death date: November 28, 2023
Birth place: Omaha, Nebraska
Birth name: Charles Thomas Munger
Father: Alfred C. Munger, lawyer
Mother: Florence "Toody" (Russell) Munger
Marriages: Nancy (Barry) Munger, (1956-February 6, 2010, her death); Nancy (Huggins) Munger (divorced in 1953)
Children: with Nancy B. Munger: Charlie Jr., Emilie, Barry and Philip; with Nancy H. Munger: Wendy, Molly and Teddy (deceased, leukemia, age 9)
Education: Attended the University of Michigan and California Institute of Technology. Harvard University, J.D., 1948
At Caltech, he studied physics to become a meteorologist for the US Army Air Corps.
Munger entered law school without an undergraduate degree and graduated magna cum laude.
Known for using the term "lollapalooza effect" - "when anywhere from 2 to 4 forces all are driving investment in the same direction."
1959 - Meets Warren Buffett at a dinner party.
1962-1975 - Operates Wheeler, Munger and Company, an investment counseling firm.
1965 - Stops practicing law.
1978-2023 - Vice chairman of Berkshire Hathaway.
January 1984-2011 - Chairman of the board and CEO of Wesco Financial Corporation.
May 2014 - According to Berkshire's proxy statement, Munger has not received a raise in more than 25 years.
February 2015 - Munger reflects on 50 years of success at Berkshire Hathaway in the annual letter to shareholders.
November 28, 2023 - Dies at the age of 99.
The 2025 Jubilee will bring tourists to the Vatican, Rome and Italy to celebrate the Catholic tradition of patrons asking for forgiveness of sins. Hope will be a central theme.
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