When Charlie Munger died, Forbes estimated his net worth at approximately $2.5–2.6 billion.
• Key reason: During his lifetime, he voluntarily donated more than 70% of his Berkshire shares. Had he kept all those shares until his death, his net worth would have exceeded $10 billion based on the stock price at the time.
• Asset breakdown: Primarily a small stake in Berkshire Hathaway, holdings in Daily Journal and Costco, and other personal investments.
• His philosophy: “I deliberately reduced my net worth. The place I’m going doesn’t need money.”
• Key reason: During his lifetime, he voluntarily donated more than 70% of his Berkshire shares. Had he kept all those shares until his death, his net worth would have exceeded $10 billion based on the stock price at the time.
• Asset breakdown: Primarily a small stake in Berkshire Hathaway, holdings in Daily Journal and Costco, and other personal investments.
• His philosophy: “I deliberately reduced my net worth. The place I’m going doesn’t need money.”
