Charles Munger, vice chairman at Warren Buffett’s Berkshire Hathaway Inc. (A:US), donated shares worth more than $60 million to the University of Michigan, fulfilling a previously announced pledge.
Munger, 89, gave 350 Berkshire Class A shares to the school, according to a filing issued today. He announced in April that he’d donate $110 million to the university to fund fellowships and a graduate-student residence.
“These gifts were made pursuant to a previously announced pledge, which has now been fully satisfied,” according to the filing.
To contact the reporter on this story: Noah Buhayar in New York at email@example.com
To contact the editor responsible for this story: Dan Kraut at firstname.lastname@example.org