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Yacht for Hire.


Seems Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  lawyer and power broker Charles Munger is always on the lookout for in search of; looking for.

See also: Lookout
 a chance to make money. That could explain why he's renting out his yacht.

For a mere $2,200 an hour, you and 100 of your closest friends can hire Munger's 85-foot Channel Cat and party in Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850.  Harbor. The yacht has become very popular with those able to afford the experience; even Microsoft founder Bill Gates (person) Bill Gates - William Henry Gates III, Chief Executive Officer of Microsoft, which he co-founded in 1975 with Paul Allen. In 1994 Gates is a billionaire, worth $9.35b and Microsoft is worth about $27b.  has been among those who have rented it for private parties.

Just why the media-shy Munger, a longtime associate of Warren Buffet and founding partner of L.A. law firm Munger, Tolles & Olson, would want to rent out his skiff is something of a mystery.

"It's just another one of his businesses, I guess," said Koleen Hamblin of the Santa. Barbara Visitors Bureau. "But it's spectacular."
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Publication:Los Angeles Business Journal
Date:Feb 7, 2000
Words:139
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