John Bogle invented the index fund and founded Vanguard
John C. Bogle, 87, is Founder of The Vanguard Group, Inc., the world's largest mutual fund group, and President of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. He had been associated with a predecessor company since 1951, immediately after his graduation from Princeton University, magna cum laude in Economics. He is a graduate of Blair Academy, Class of 1947.
John C. Bogle, 87, is Founder of The Vanguard Group, Inc., the world's largest mutual fund group, and President of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. He had been associated with a predecessor company since 1951, immediately after his graduation from Princeton University, magna cum laude in Economics. He is a graduate of Blair Academy, Class of 1947.
Headquartered in Malvern, Pa., Vanguard comprises about 170 mutual funds with current assets totaling more than $3 trillion. Vanguard 500 Index Fund, the largest fund in the group, was founded by Mr. Bogle in 1975. It was the first index mutual fund. The story of his life and career is told in John Bogle and the Vanguard Experiment: One Man's Quest to Transform the Mutual Fund Industry, by Robert Slater (1996), The House That Jack Built, by Lewis Braham (2011), and The Man in the Arena, by Knut Rostad (2013).
In 2004, TIME magazine named Mr. Bogle as one of the world's 100 most powerful and influential people, and Institutional In 1999, Fortune designated him as one of the investment industry's four "Giants of the 20th Century." In the same year, he received the Woodrow Wilson Award from Princeton University for "distinguished achievement in the Nation's service."
Mr. Bogle is a best-selling author, beginning with Bogle on Mutual Funds: New Perspectives for the Intelligent Investor (1993); His tenth book, Clash of the Cultures, was released in August of 2012.
On November 19, 2015, he received Gold Medal of the National Institute of Social Sciences for Distinguished Service to Humanity. In December 2016, he will receive the Gold Medal of the Pennsylvania Society for Distinguished Achievement.
He served as Chairman of the Board of the National Constitution Center from September 1999 through January 2007. A Trustee of Blair Academy, he served as Chairman in 1986-2001.
Mr. Bogle was born in Montclair, New Jersey, on May 8, 1929. He now resides in Bryn Mawr, Pennsylvania, with his wife, Eve. They are the parents of six children and the grandparents of twelve.