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The Economic Times
The Economic Times
Shreya Biswas

Charlie Munger backed Costco for decades and was its second-largest shareholder; Berkshire sold 4.3 million shares for $1.3 billion in 2020 - here’s what the stake would be worth now

American businessman and investor Charlie Munger was a longtime supporter of Costco, and his connection to the warehouse retailer became closely associated with Berkshire Hathaway’s investment in the company.

According to The Motley Fool, Munger became Costco’s second-largest shareholder and never sold a single share. However, the 4.3 million Costco shares discussed in the report were held by Berkshire Hathaway, not by Munger personally.

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