Berkshire’s Munger Gives $20 Million to Michigan Law School

Berkshire Hathaway Inc. (BRK/A) Vice Chairman Charles Munger is donating $20 million to the University of Michigan’s law school to renovate a housing complex.

The gift will help upgrade student rooms and living areas, the university in Ann Arbor said in a statement today.

Munger, who studied math at Michigan as an undergraduate, has lectured at the university and acted as its investment adviser, according to the statement. The 87-year-old billionaire also donated $3 million in 2007 for lighting in public areas of the Law Quadrangle, where the housing will be renovated.

“Charlie Munger has a powerful vision of world-class facilities that will match a world-class law school at the University of Michigan,” Mary Sue Coleman, president of the university, said in the statement. “I am particularly pleased because this gift directly benefits the living-learning experience for our law students.”

Munger, a 1948 graduate of Harvard Law School, founded the Los Angeles law firm of Munger, Tolles & Olson. He became vice chairman of Warren Buffett’s Omaha-based Berkshire Hathaway in 1978, according to the statement.

To contact the reporter on this story: Janet Lorin in New York

To contact the editor responsible for this story: Jonathan Kaufman at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.