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Berkshire Hathaway (BRK.A; BRK.B) announces the passing of Charlie Munger, a key figure in the company's success. Warren Buffett acknowledges Munger's significant contribution to Berkshire Hathaway's growth and expresses condolences to the family.
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OMAHA, Neb.--(BUSINESS WIRE)--
(BRK.A; BRK.B) – 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.
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 family will handle all affairs pursuant to Charlie’s instructions.
About Berkshire
Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float in a broad portfolio of subsidiaries, equity positions and other securities.
