Charlie Munger, the Vice Chairman of Warren Buffetts Berkshire Hathaway conglomerate and his close business confidant for decades has died at age 99 on Tuesday, his employer has confirmed.Charlie Munger - Warren Buffetts longtime business partner, diesMunger, a billionaire himself who was instrumental in building the investment juggernaut alongside Buffett, passed away on Tuesday after a brief illness.The Nebraska native, Munger was renowned for his treasured partnership and incisive wisdom guiding Berkshire alongside Buffett since 1978. He served on the boards of eminent companies like Costco and Chinese tech giant BYD amidst his seven-decade career.Berkshire Hathaway could not have been built to its present status without Charlies inspiration, wisdom and participation, Warren Buffett said in a statement.“Charlie has taught me 80% of what I know about business,” said Buffett on his right-hand man previously. “Hes smart as hell and has no ego.”About Munger-Buffetts partnershipNotably, the two met as adults in 1959 and forged a friendship that lasted more than 60 years.From insurance to railroads, the duo rapidly grew Berkshire into a more than $780 billion company boasting top brands and billions in cash reserves. They also became global icons of virtuous capitalism and sterling corporate governance principles emulated widely.At almost a century, Mungers legacy and imprint on Berkshire Hathaway will remain indelible. He departs behind a storied career matched only by an extraordinary six-decade alliance with Buffett still unrivalled in business.
