Charles Thomas Munger is an American investor, businessman, and philanthropist. He is vice chairman of Berkshire Hathaway, he is also the chairman of the Daily Journal Corporation, and a director of Costco Wholesale Corporation. As of January 2017 Munger has an estimated net worth of $1.41 billion according to Forbes Magazine. Advice For The Young Generation – This Is What You Need To Knew In Your Youth Subscribe and Like this video. Practical Wisdom, Beyond Average.