Charlie Munger, the influential vice-chair of Berkshire Hathaway and longtime investment partner of Warren Buffett, passed away on Tuesday at the age of 99

Munger played a pivotal role in the transformation of Berkshire Hathaway, contributing significantly to its investment strategies.

Charlie Munger’s net worth was estimated at $2.6 billion by Forbes, growing from $1.1 billion in 2014.

Munger is survived by a large family, including three children from his first marriage and four from his second.

Born on January 1, 1924, in Omaha, Nebraska, Munger initially studied meteorology during his service in the army before graduating from Harvard Law School.

He met Warren Buffett in 1959, and their collaboration led to Munger’s entry into the investment world.

With Munger’s passing, Berkshire Hathaway faces a significant leadership transition. The company, valued at nearly $800 billion, has been preparing for this moment for over a decade.

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