Saturday , April 27 2024
Home / Bitcoin (BTC) / Berkshire Hathaway’s Charlie Munger Passes Away At 99 Years Old

Berkshire Hathaway’s Charlie Munger Passes Away At 99 Years Old

Summary:
Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November 28 in a California hospital. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom, and participation,” said Warren Buffet, CEO of Berkshire Hathaway, regarding his death. Like Buffet, Munger was notoriously bearish on crypto, and well-known as one of the leading voices advocating that Bitcoin (BTC) be banned in the United States. Among his chief criticisms were that the asset is good for “kidnappers” and that it

Topics:
Andrew Throuvalas considers the following as important: ,

This could be interesting, too:

Chayanika Deka writes Pantera Capital’s Fund V Targets Billion for Diverse Blockchain Investments

Wayne Jones writes Rare ‘Epic Sat’ from Bitcoin’s Fourth Halving Block Sold for Over Million

Andrew Throuvalas writes Strike CEO Predicts Million BTC Amid COVID-Level Money Printing

Andrew Throuvalas writes Crypto.com Recruits Eminem For NBA Playoff Game Commercial

Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement.

  • The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November 28 in a California hospital.
  • “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom, and participation,” said Warren Buffet, CEO of Berkshire Hathaway, regarding his death.

  • Like Buffet, Munger was notoriously bearish on crypto, and well-known as one of the leading voices advocating that Bitcoin (BTC) be banned in the United States.
  • Among his chief criticisms were that the asset is good for “kidnappers” and that it is harmful to the interests of the United States. He once compared it to child pornography.
  • In an interview with the Wall Street Journal earlier this month, he called Bitcoin a “stinkball” thrown into a long-working recipe for producing strong currencies.
  • Among Munger’s chief investment principles were for investors to buy things they understand, and buy businesses with durable competitive advantages run by leaders with integrity.
  • According to Forbes, Munger’s net worth was estimated at $2.7 billion as of September.

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *