BillionairesBusiness

Charlie Munger Net Worth

Charlie Munger Net Worth is
$1.75 Billion

Charlie Munger Bio/Wiki, Net Worth, Married 2018

Charles Thomas Munger (created January 1, 1924) is an American business magnate, attorney, investor, and philanthropist. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011 (Wesco was about 80%-owned by Berkshire Hathaway throughout that time). He’s in addition the chairman of the Daily Journal Corporation, located in La, California, US, as well as a manager of Costco Wholesale Corporation.

In 1962 he founded and worked as a property lawyer at Munger, Tolles & Olson LLP. Then he gave up the practice of law to concentrate on managing investments and after partnered with Otis Booth in property development. Then he partnered with Jack Wheeler to form Wheeler, Munger, and Business, an investment firm having a seat on the Pacific Coast Stock Exchange. He wound up Wheeler, Munger, and Co. in 1976, after reductions of 31% in 1973 and 1974. According to Buffett’s essay, “The Super investors of Graham-and-Doddsville,” printed in 1984, Munger’s investment partnership created compound annual yields of 19.8% during the 1962–75 span compared to a 5.0% annual appreciation rate for the Dow. Munger was formerly the chairman of Wesco Financial Corporation, now a fully owned subsidiary of Berkshire Hathaway. Wesco Financial additionally held a targeted equity portfolio of over US$1.5 billion in firms such as Coca Cola, Wells Fargo, Procter & Gamble, Kraft Foods, US Bancorp, and Goldman Sachs. Munger considers that holding a targeted amount of stocks, that he understands extremely well, will in the long term generate outstanding yields.

Charlie Munger Net Worth $1 Billion Dollars

Source
IMDB Wikipedia


Full NameCharlie Munger
Net Worth$1.75 Billion
Date Of BirthJanuary 1, 1924 (age 91
Place Of BirthOmaha, Nebraska, United States
ProfessionEntrepreneur, Businessperson
EducationHarvard Law School (1948), Harvard University, University of Michigan
NationalityUnited States of America
SpouseNancy Barry (m. 1956–2010), Nancy Huggins (m. ?–1953)
ChildrenEmilie Munger Ogden, Molly Munger, Barry A. Munger, Philip R. Munger, Wendy Munger, Charles T. Munger, Jr.
ParentsFlorence Munger, Alfred C. Munger
SiblingsCarol Munger, Mary Munger
NicknamesCharles T Munger

Self

TitleYearStatusCharacter
On the Money2014-2016TV SeriesHimself / Himself - President, Berkshire Hathaway
The Berkshire Apprentice2016ShortHimself
Woodstock for Capitalists2001Documentary

Known for movies


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