Billionaire investor Charlie Munger, renowned for his partnership with Warren Buffett, has passed away at 99, Berkshire Hathaway announced.
Munger, a pivotal figure in Berkshire’s success, died peacefully at a California hospital, with his 100th birthday just around the corner.
Buffett expressed gratitude for Munger’s indispensable role in building Berkshire Hathaway. Munger’s influence extended beyond finance, shaping the conglomerate’s trajectory. His legacy includes not only financial prowess but also a family with intricate connections.
Who is Nancy Munger?
Munger’s marriage to Nancy Huggins Freeman resulted in three children—Wendy Munger, Molly Munger, and the late Teddy Munger. Following his divorce, Munger remarried Nancy Barry, with whom he had four children—Charles T. Munger Jr., Emilie Munger Ogden, Barry A. Munger, and Philip R. Munger. Additionally, he gained two stepchildren, William Harold Borthwick and David Borthwick.
Both of Munger’s wives, Nancy Huggins Freeman and Nancy Barry Munger, passed away—Nancy Huggins Freeman in 2002 and Nancy Barry Munger in 2010.
Munger’s influence extended beyond business and into the realm of politics. Despite being a Republican, he expressed unconventional views, advocating for “Medicare for all” and criticizing the U.S. healthcare system. In his 50s, facing the risk of blindness due to a medical condition, Munger proactively learned braille. Despite health challenges, he retained eyesight in his right eye until his passing.
The investor’s death marks the end of an era in finance, leaving behind a complex legacy of family connections, philanthropy, and unconventional perspectives on politics and health. Charlie Munger’s impact reverberates not only in the financial world but also in his personal and political endeavors.
Charlie Munger died on November 28, 2023, in a California hospital, leaving behind a lasting imprint on Berkshire Hathaway and a family with a rich history.