‘Who in the Hell Needs a Rolex?’ Billionaire Charlie Munger Told Young People to Skip ‘Pretentious’ Spending of Rich—‘I Don’t Think There’s Much Happiness’

Charlie Munger was a billionaire who had remarkably little interest in looking like one.

Munger, Warren Buffett’s longtime business partner and Berkshire Hathaway (BRK.A) (BRK.B) Vice Chairman died at 99 on Nov. 28, 2023. For decades, the two investing legends shared a preference for something that doesn’t exactly scream billionaire: keeping their money invested instead of spending it to impress people.