UM: Donation

Bloomberg News reports that Charles Munger, vice chairman of Berkshire Hathaway Inc., is donating $20 million to help renovate the University of Michigan Law School’s housing complex, the Lawyers Club. From the report: “Munger, who studied math at Michigan as an undergraduate, has lectured at the university and acted as its investment adviser, according to the statement. The 87-year-old billionaire also donated $3 million in 2007 for lighting in public areas of the Law Quadrangle, where the housing will be renovated.” [Source] [.pdf file of UM press release]