Munger donates Berkshire stock worth nearly $2.4M

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OMAHA, Neb. (AP) — Berkshire Hathaway Inc.’s Vice Chairman Charlie Munger has donated stock worth nearly $2.4 million.

The Pasadena, Calif., billionaire disclosed the charitable donations of 24 Class A Berkshire shares Wednesday in a filing with the Securities and Exchange Commission.

The shares were selling for $99,510 each early Wednesday afternoon.

Eight shares went to the exclusive Harvard-Westlake college prep school that Munger has previously supported.

The other eight donations were of two shares each to charitable trusts that Munger had set up.

After the donations, Munger owned 13,157 Class A shares of the Omaha-based company, worth $1.3 billion.

CEO Warren Buffett says he consults Munger on every major move Berkshire makes.


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