Charlie Munger, Warren Buffett’s right-hand man at Berkshire Hathaway, dies at 99

Berkshire Hathaway Vice Chairman Charlie Munger, long regarded as CEO Warren Buffett’s right-hand man, died Tuesday at age 99. 

Munger died in a California hospital, Berkshire Hathaway said in a statement posted on its website.

“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.

Megan Cerullo

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.