Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past. Munger gave 77 Class A Berkshire Hathaway shares to the Henry E. Huntington Library and Art Museum in San Marino, California, according to a filing with the Securities and Exchange Commission. A decade ago, he gave the museum nearly $33 million worth of Berkshire stock to help pay for a new education and visitors center. It wasn’t immediately known what the latest gift will be used for. A museum spokeswoman didn’t immediately respond to a message Thursday afternoon.
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A decade ago, he gave the Huntington museum nearly $33 million worth of Berkshire stock to help pay for a new education and visitors center. It wasn’t immediately clear what the latest gift will be used for. A museum spokeswoman didn’t immediately respond to a message Thursday afternoon. After his latest donation, Munger still holds 4,033 Class A Berkshire shares. But back in 2000 he held 15,911 shares, which would be worth more than $8.3 billion today if he’d hung onto it all.
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