Clarification: Berkshire Hathaway-Donation story
Oct 5, 2023, 3:56 PM | Updated: Oct 6, 2023, 11:04 am
OMAHA, Neb. (AP) — In a story published October 5, 2023, The Associated Press reported that investor Charlie Munger had lost his billionaire status as a result of his charitable giving. At one point that was true, but he has since regained his billionaire status as the value of his Berkshire Hathaway stock increased. Munger’s Berkshire stock is worth more than $2 billion today.