99-year-old investor donates to Huntington Library and Art Museum in San Marino, Calif.
OMAHA, Neb. — Investor Charlie Munger, who’s been Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum that he’s supported in the past.
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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