This May 7, 2012 photo shows Charles Munger, vice-chairman of Berkshire Hathaway, during an interview in Omaha, Neb. The investor and philanthropist is making the largest gift in Univer

 

              This May 7, 2012 photo shows Charles Munger, vice-chairman of Berkshire Hathaway, during an interview in Omaha, Neb. The investor and philanthropist is making the largest gift in Univer
This May 7, 2012 photo shows Charles Munger, vice-chairman of Berkshire Hathaway, during an interview in Omaha, Neb. The investor and philanthropist is making the largest gift in University of Michigan’s history for a graduate student residence. The university on Thursday, April 18, 2013 approved the $110 million gift from Munger, which includes $10 million for fellowships to be selected from among the university’s 19 schools and colleges. The 89-year-old Michigan alumnus told The Associated Press by phone that he recognizes that spending a huge sum for a new residence hall isn’t the highest priority of most universities but it builds on ideas elsewhere. (AP Photo/Nati Harnik)