Charlie Munger Said He Was Passionate About Getting Rich But 'Not Because I Wanted Ferraris – I Wanted The Independence'

Charlie Munger never cared about flashy cars or extravagant yachts. For him, wealth was about something far more valuable—freedom. At Berkshire Hathaway's (BRK.A, BRK.B) annual meeting in 2003, he put it plainly: "Like Warren [Buffett}, I had a considerable passion to get rich. Not because I wanted Ferraris – I wanted the independence. I desperately wanted it." Munger, the late longtime vice chairman of Berkshire Hathaway built his fortune not for the status but for the ability to make his own c