How rich is Charlie Munger?
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Charlie Munger Net Worth, Wiki & Biography in 2017
Charlie Munger, also known as Charles T Munger or C. T. Munger, is a well-known American business magnate, philantrophist, investor, lawyer and entrepreneur who has been able to build up net worth as amazingly huge as $1.75 billion. He is a Vice-Chairman of the popular Barkshire Hathaway Inc. – multinational American holding company located in Nebraska, US. He was also the former chairman of Wesco Financial Corporation until year 2011, which influenced the great rise of Charlie Munger’s net worth. So now you know how rich Charlie Munger is.
Charlie Munger Net Worth $1.75 Billion
Charlie T Munger was born on January 1, 1924, in Omaha, Nebraska, United States. During his early years Munger showed himself as a talented student and attended the University of Michigan during the difficult war years. There he studied mathematics and later used his knowledge and experience to serve in US Army Air Corps as a great meteorologist, as he had to study atmosphere. It didn’t increase Munger’s net worth much, but at that time he didin’t think about associating his life with business. Furthermore, later he also attended Harvard Law School. His great talent was noticed and Charles worked as a real estate attorney at Munger, Tolles and Olson LLP until 1965. However, nowadays Munger is best known as the closest partner of Warren Edward Buffett – American investor, philanthropist and magnate, the largest shareholder of Berkshire Hathaway, and one of the three richest men in the world. That’s how Munger has increased his net worth over the years
The first wife of Charlie Munger was Nancy Higgins. Together the couple had two children: girls Wendy and Molly, who later also started to work in the same sphere of business as their father. The second wife of Munger was Nancy Barry. Nancy died in year 2010, but together they had 4 children: Philip R. Munger, Barry A. Munger, Charles T. Munger, Jr. and Emilie Munger Ogden. Furthermore, Charlie Munger is already a grandfather and has two stepchildren: David Borthwick and William Harold Borthwick.
One more thing which increased Munger’s net worth was books written about him. C. T. Munger never was a writer, but other people were writing about him as one of the greatest phenomenons in business. In 2007 a book written by Peter Bevelin appeared – it was called “Seeking Wisdom: From Darwin to Munger”. One year later Bud Labitan wrote “The Four Filters Invention of Warren Buffett and Charlie Munger”. In total 4 books where written about this person,where he is usually associated with his partner Warren Buffett. Moreover, Charlie Munger was also the person who inspired Rolf Dobelli – an author who later wrote “The Art of Thinking Clearly”.
Charlie Munger’s estimated net worth has allowed him to make considerable donations to charities. For example, he donated $3 million to the University of Michigan Law School. Later he made even more donations to this university where he studied himself, and that’s why his name is really significant for the university.
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More about Charlie Munger:
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