NEW DELHI: In a generous and unexpected move, billionaire CEO Charlie Munger delighted graduates of the University of Massachusetts Dartmouth by gifting them cash during their commencement ceremony. The gesture, aimed at providing a financial boost as they transition into their professional lives, has garnered widespread attention and appreciation.
Charlie Munger, the vice-chairman of Berkshire Hathaway and a renowned philanthropist, addressed the graduates in a heartfelt speech before announcing the surprise gifts.“I want to help you get started on your journey,” Munger said, emphasizing the importance of financial stability as they embark on their careers.
As per a report in the Insider, each graduate received an envelope containing $1,000 in cash, a significant sum intended to assist with immediate post-graduation expenses. The unexpected gifts were met with excitement and gratitude from the graduating class.
“I was completely shocked and incredibly grateful,” said one of the graduates. “This money will really help me cover some of my expenses as I start my new job.”
Munger’s act of generosity reflects his longstanding commitment to education and support for young professionals. Known for his pragmatic advice and financial acumen, Munger has often highlighted the importance of financial literacy and prudent money management.
In his commencement address, Munger shared insights from his own career and encouraged the graduates to be disciplined, work hard, and make wise financial decisions. “Invest in yourself and always be learning,” he advised. “The knowledge you gain will pay the best interest.”
The University of Massachusetts Dartmouth expressed its deep appreciation for Munger’s generosity. “This incredible act of kindness will have a lasting impact on our students,” said Chancellor Mark Fuller. “We are profoundly grateful to Mr Munger for his support and encouragement.”
As the graduates celebrated their achievements, Munger’s unexpected gift served as a reminder of the positive impact that philanthropy can have on individuals’ lives. The financial boost not only provides immediate relief but also sets an encouraging example of giving back to the community.
Charlie Munger, the vice-chairman of Berkshire Hathaway and a renowned philanthropist, addressed the graduates in a heartfelt speech before announcing the surprise gifts.“I want to help you get started on your journey,” Munger said, emphasizing the importance of financial stability as they embark on their careers.
As per a report in the Insider, each graduate received an envelope containing $1,000 in cash, a significant sum intended to assist with immediate post-graduation expenses. The unexpected gifts were met with excitement and gratitude from the graduating class.
“I was completely shocked and incredibly grateful,” said one of the graduates. “This money will really help me cover some of my expenses as I start my new job.”
Munger’s act of generosity reflects his longstanding commitment to education and support for young professionals. Known for his pragmatic advice and financial acumen, Munger has often highlighted the importance of financial literacy and prudent money management.
In his commencement address, Munger shared insights from his own career and encouraged the graduates to be disciplined, work hard, and make wise financial decisions. “Invest in yourself and always be learning,” he advised. “The knowledge you gain will pay the best interest.”
The University of Massachusetts Dartmouth expressed its deep appreciation for Munger’s generosity. “This incredible act of kindness will have a lasting impact on our students,” said Chancellor Mark Fuller. “We are profoundly grateful to Mr Munger for his support and encouragement.”
As the graduates celebrated their achievements, Munger’s unexpected gift served as a reminder of the positive impact that philanthropy can have on individuals’ lives. The financial boost not only provides immediate relief but also sets an encouraging example of giving back to the community.