Billionaire investor Charlie Munger on Wednesday acknowledged worldwide “tension” over wealth inequality but said critics of the ultra-rich are “motivated by envy.”
“It is the nature of our species that we look around us at other people and are envious of them if they have more than we do,” added Munger, the vice chairman of Berkshire Hathaway (BRK-A, BRK-B). “That envy has always been a big problem.”
Munger, 98, made the remarks in an exclusive interview with Yahoo Finance’s…
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