Berkshire Hathaway made an announcement on the afternoon of Tuesday, Nov. 28 that Charlie Munger, vice chairman at the company as well as Warren Buffett’s longtime partner, has passed away.
“Berkshire Hathaway a few minutes ago was advised by members of Charlie Munger’s family that he peacefully died this morning at a California hospital,” a press release read.
Warren Buffett, CEO of Berkshire Hathaway, wishes to say: “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation.”
The press release goes on to say that Munger’s family will handle all affairs pursuant to Charlie’s instructions.
People were quick to take to social media to remember the great investor, who started his first investment business in the sixties.
😢😢😢
Charles Munger, Who Helped Buffett Build Berkshire, Dies at 99 https://t.co/aulWwPFVlz
— Mark Cuban (@mcuban) November 28, 2023
The 🐐
R.I.P. Charlie Munger, you will be deeply missed pic.twitter.com/oiCY5WdTxj
— High Yield Harry (@HighyieldHarry) November 28, 2023
RIP Charlie Munger
While that is sad news, the knowledge he shared with the world will live forever pic.twitter.com/bPdbb4rrMb
— Dividend Growth Investor (@DividendGrowth) November 28, 2023
So sad to hear the news of the passing of #CharlieMunger.
My thoughts and prayers are with his family, his friends and colleagues at #BerkshireHathaway and, of course, his long-time business partner and friend @WarrenBuffett.
For so many decades, the two of them led an investment…— Mohamed A. El-Erian (@elerianm) November 28, 2023
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