Money and the noise in each of the richest in Los Angeles.
MONEY: Vice chairman of Berkshire Hathaway owns more than 13,000 shares of the investment firm, and even from April 2009. Standard took home $ 100,000 annual salary from Berkshire. Warren Buffett, the man of the right hand also benefited from a 22 percent increase of 200,000 shares of Costco, where he is director of Munger.
BUZZ: The normally quiet octogenarian investor made a lot of news this year. Plan to raze the building that once housed Brentwood Dutton library and build a luxury shopping mall has been controversial, however, Munger has not receded. Also 2008 saw high-profile investment in the Chinese automaker BYD pay; electrical car manufacturer now opens U.S. headquarters in Los Angeles. Chief Considers BYD, Wang Chuan-Fu next Henry Ford. Buffett met in 1959 and later helped make Berkshire investment powerhouse.
He grew up in Omaha, Nebraska, and joined the army during the Second World War. He attended the University of Michigan and graduated from Harvard Law. Moved to Pasadena, where he runs Wesco Financial, insurance, diversified, steel and furniture Rental Company. It also serves as chairman of the Daily Journal Corp., and Blue Chip Stamps.