Charlie Munger Fast Facts

(CNN)Here is a look at the life of Charles "Charlie" Munger, right-hand man and business partner of Warren Buffett.

Personal:
Birth date:
January 1, 1924

Birth place: Omaha, Nebraska

Birth name: Charles Thomas Munger

Father: Alfred C. Munger, lawyer

Mother: Florence "Toody" (Russell) Munger

Marriages: Nancy (Barry) Munger, (1956-February 6, 2010, her death); Nancy (Huggins) Munger (divorced in 1953)

    Children: with Nancy B. Munger: Charlie, Jr., Emilie; Barry; Philip; stepchildren - William Harold Borthwick; David Borthwick; with Nancy H. Munger: Wendy; Molly, Teddy (deceased, leukemia, age 9);

    Education: Attended the University of Michigan and California Institute of Technology. Harvard University, J.D., 1948

    Other Facts:
    At Caltech, he studied physics to become a meteorologist for the U.S. Army Air Corps.

    Munger entered law school without an undergraduate degree and graduated magna cum laude.

    Known for using the term "lollapalooza effect" - "when anywhere from 2 to 4 forces all are driving investment in the same direction."

    Timeline:
    1959 -
    Meets Warren Buffett at a dinner party.

    1962-1975 - Operates Wheeler, Munger and Company, an investment counseling firm.

    1965 - Stops practicing law.

    1977 - He is blind in one eye due to a bad cataract operation.

    1978-present - Vice chairman of Berkshire Hathaway.

    January 1984-present - Chairman of the board and CEO of Wesco Financial Corporation.

    May 2014 - According to Berkshire's proxy statement, Munger has not received a raise in more than 25 years.

    February 2015 - Munger reflects on 50 years of success at Berkshire Hathaway in the annual letter to shareholders.

    March 2015 - Forbes, in its annual list of the world's billionaires, estimates Munger's net worth at $1.3 billion.