John Bogle, also known as Jack Bogle, was an American investor, business magnate, and philanthropist. He founded the Vanguard Group and is credited with creating the first index mutual fund. His principles of low-cost investing have revolutionized the financial industry.
Born on May 8, 1929, in Montclair, New Jersey, John Bogle grew up during the Great Depression. He attended Blair Academy on a work scholarship and later graduated from Princeton University, where he wrote a thesis that laid the groundwork for his future innovations in investment management.
John Bogle was married to Eve Sherrerd for over 50 years, and they had six children. He was known for his modest lifestyle, despite his significant influence in the financial world. Bogle survived several heart attacks and a heart transplant in 1996, which added to his legacy of resilience.
John Bogle founded the Vanguard Group in 1974 and introduced the first index mutual fund for individual investors in 1975. Under his leadership, Vanguard grew to become one of the largest and most respected investment management firms in the world. Bogle’s advocacy for low-cost, passive investing has had a lasting impact on the financial industry.
John Bogle’s most notable achievements include founding the Vanguard Group and creating the first index mutual fund. He authored several influential books on investing, including "Common Sense on Mutual Funds." Bogle’s principles of low-cost, passive investing have saved investors billions of dollars in fees.
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2025-08-16