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Berkshire’s Munger Donates $20.7 Million to U.C. Santa Barbara

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Charles Munger, the billionaire vice chairman at Warren Buffett’s Berkshire Hathaway Inc., donated $20.7 million of the company’s stock to the University of California, Santa Barbara.

Munger donated 100 Class A shares in the Omaha, Nebraska-based company, according to a regulatory filing yesterday.