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Berkshire Hathaway’s Charlie Munger gives $40 million in stock to California museum

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Published 4:56 PM

By JOSH FUNK
AP Business Writer

OMAHA, Neb. (AP) — 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. This latest gift will help the museum build more than 30 residences for visiting scholars to use while doing research.

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