Charlie Munger who was a righthand man of Warren Buffet at Berkshire Hathways died on Tuesday at age 99. 

Berkshire Hathaway said Charlie Munger died at a hospital in California, where he resided and lived there. At the initial stage the cause of death not was given. Charlie would have turned 100 on Jan. 1, 2024.

Berkshire Hathaway could not have been built to its present & developed status without Munger wisdom and practicality,” Warren  Buffett Said in the statement.’’

Buffett as well as Charlie Munger was respected and called by the by investors, a man of business wisdom, around the world, many of investors and businessmen to attend Berkshire’s annual meetings on weekends in Omaha, Nebraska, to gain some wisdom and business know how how to invest in business.

Munger was not directly involved in Berkshire Hathways day-to-day operations.

Investors and shareholders said that they were deeply shocked by hearing the death news of Charlie Munger, and also said that they lost a great gem in the business world.

Charlie Munger Quotes

“Money management requires people to pretend they can do something that they can’t, and like it when they really don’t. I think that’s a terrible way to spend your life, but it’s very well paid.”