John Bogle Net Worth is$4 Billion
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Profession: Investor
Date of Birth: May 8, 1929
Nicknames: John Clifton Bogle, Jack Bogle, John C Bogle
John Bogle was a CEO and founder of The Vanguard Group as well as author of a best seller, with a net worth of $4 billion. John Bogle earned his net worth from his book "Common Sense on Mutual Funds" and his career in business. He was born in Verona, New Jersey.
John Clifton "Jack" Bogle (born May 8, 1929) is the founder and retired CEO of The Vanguard Group. He is known for his 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, which became a bestseller and is considered a classic.
Bogle was born in Montclair, New Jersey. His family was affected by The Great Depression. He attended Blair Academy on a full scholarship, earned his undergraduate degree from Princeton University in 1951, and attended evening and weekend classes at the University of Pennsylvania.
Upon graduation he went to work for Walter L. Morgan at Wellington Management Company. After successfully climbing through the ranks, he was named chairman of Wellington but was later fired for an "extremely unwise" merger that he approved, a poor decision that he considers his biggest mistake, stating "The great thing about that mistake, which was shameful and inexcusable and a reflection of immaturity and confidence beyond what the facts justified, was that I learned a lot".
Bogle then founded The Vanguard Group in 1974. Under his leadership, the company grew to be the second largest mutual fund company in the world. Influenced by the works of Eugene Fama, Burton Malkiel, and Paul Samuelson, Mr. Bogle founded the Vanguard 500 Index Fund in 1975 as the first index mutual fund available to the general public. He continues to be active in The Vanguard Group.
Bogle is a member of the board of trustees at Blair Academy. He is also an advisory board member of the Millstein Center for Corporate Governance and Performance at the Yale School of Management. Bogle received an honorary doctorate of law from Princeton University in 2005.
Bogle also currently serves on the board of trustees of the National Constitution Center in Philadelphia, a museum dedicated to the U.S. Constitution. He had previously served as chairman of the board from 1999 through 2007. He was named chairman emeritus in January 2007, when President George H.W

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John Bogle Latest News

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Posted: December 2, 2017, 6:08 am

Bogle Says Tax Bill Favoring Business Is a ‘Moral Abomination’

The tax proposals in Washington are a “moral abomination” because they favor corporations at the expense of workers, Vanguard Group founder John Bogle said. “Just think about this: Corporate profits after taxes last year were the highest they’ve ...
Posted: November 28, 2017, 10:51 am

Vanguard Positive About Foreign Equities, 5 Best Picks

As of Sep 30, 2017, the company had over $4.5 trillion of assets under management. Founded by John C. Bogle in 1975, the company now offers asset management and financial planning services to around 20 million investors throughout the globe. While a bulk ...
Posted: December 11, 2017, 12:00 am
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