Billionaire Berkshire Hathaway Vice Chairman Charlie Munger passed away “peacefully” on Tuesday morning at 99 years old, according to a press release.
Munger was born in Omaha in 1924 and linked up with billionaire Warren Buffett — chairman of holding company Berkshire Hathaway — in 1959, according to CNBC. Munger yielded to Buffett in public but the reverse was often true in private, according to The Wall Street Journal.
“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett stated in the press release.