February 23, 2024
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Charlie Munger dies at 99, leaves behind a lasting legacy on Central Coast


The late Charlie Munger never got to build the controversial mega-dorm he envisioned for UC Santa Barbara.

But before he died in late November at age 99, he did leave quite a legacy. He teamed up with the late Michael Towbes to build a state-of-the-art residence for scholars at the Kavli Institute for Theoretical Physics on the campus — Towbes did the construction and Munger provided the financing. 

UCSB also counts Munger’s namesake grandson among its alumni; the mega-dorm was quietly replaced by a new design over the summer.

Munger, best known as Warren Buffett’s pal and business partner, had a number of dealings in the Montecito area.

But his enduring impact at UCSB will be his lasting gift to the Central Coast.