American businessman, investor, lawyer and philathropist Charlie Munger has an estimated net worth of $1.1 billion as of March 2013 according to Forbes.

Charles Thomas Munger was born on January 1, 1924  in Omaha, Nebraska. After completing his mathematics degree from the University of Michigan, he went to Harvard Law School where he completed his degree as magna cum laude in 1948. Charlie Munger was married to Nancy Barry Munger until the latter's death in 2010. His first marriage was to Nancy Huggins with whom he has two children, Wendy and Molly. His second marriage was to Nancy Barry who bore him another four children, Charles Jr., Emilie, Barry, and Phillip. He has two stepchildren, David and William Borthwick.

Charles Thomas Munger currently works for Berkshire Hathaway Corporation as Vice Chairman. Berkshire Hathaway Corporation is a diversified investment corporation where billionaire businessman Warren Buffett sits as the Chairman.

In the past, he served as the Chairman of Wesco Financial Corporation which is a subsidiary owned by Berkshire Hathaway. Initially, the company was a savings and loan association which grew to Kansas Bankers Surety Company, CORT Furniture Leasing, Precision Steel Corp., and others. Wesco Financial Corporation holds equities in companies like Wells Fargo, Coca-Cola, U.S. Bancorp, Goldman Sachs, Kraft Foods and Procter & Gamble.