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Jack Bogle is Founder of Vanguard Group, Vanguard's Bogle Financial Markets Research Center and Father of Index Investing. John C. Bogle, 84, is Founder of The Vanguard Group, Inc., and President of Vanguard’s 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 following his graduation from Princeton University, magna cum laude in Economics. He is a graduate of Blair Academy, Class of 1947.The Vanguard Group is the largest mutual fund organization in the world. Headquartered in Malvern, Pennsylvania, Vanguard comprises more than 160 mutual funds with current assets totaling more than $1.4 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.
In 2004, TIME magazine named Mr. Bogle as one of the world’s 100 most powerful and influential people and Institutional Investor presented him with its Lifetime Achievement Award. In 1999, FORTUNE designated him as one of the investment industry’s four “Giants of the 20th Century.” Mr. Bogle is a best selling author, beginning with his first book, Bogle on Mutual Funds: New Perspectives for the Intelligent Investor (Irwin Professional Publishing, 1993). Irwin is also the publisher of John Bogle and the Vanguard Experiment: One Man’s Quest to Transform the Mutual Fund Industry, by Robert Slater (1996). Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor (John Wiley & Sons, 1999), John Bogle on Investing: The First 50 Years (McGraw-Hill, 2000). Character Counts: The Creation and Building of The Vanguard Group (McGraw-Hill, 2002). The Battle for the Soul of Capitalism (Yale University Press, 2005). The Little Book of Common Sense Investing (2007); Enough: True Measure of Money, Business, and Life (2008); Common Sense on Mutual Funds, Fully Updated 10th Anniversary Edition (2009). His ninth book, Don’t Count On It! Reflections on Investment Illusions, Capitalism, “Mutual” Funds, Indexing, Entrepreneurship, Idealism, and Heroes, was published by John Wiley in October 2010.
Mr. Bogle served as Chairman of the Board of Governors of the Investment Company Institute in 1969-1970, and as a member of the Board from 1969-1974. In 1997, he was appointed by then-U.S. Securities and Exchange Commission Chairman Arthur Levitt to serve on the Independence Standards Board. In 2000, he was named by the Commonwealth’s Chamber of Commerce as Pennsylvania’s Business Leader of the Year. 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.
Holy Mission of Indexing
Reflections & The 5th Never