Jack Bogle: Founder of The Vanguard Group
Business Owner · Financial Services
Jack Bogle founded Vanguard and popularized the low-cost index fund, preaching long-term investing and minimal fees.
About Jack Bogle: Founder of The Vanguard Group
John Clifton "Jack" Bogle (May 8, 1929 to January 16, 2019) was an American investor, business magnate and philanthropist, the founder of The Vanguard Group, credited with popularizing the index fund. An avid investor and money manager, he preached investment over speculation, long-term patience over short-term action and reducing broker fees as much as possible. His ideal investment vehicle was a low-cost index fund representing the entire US market, held over a lifetime with dividends reinvested. His 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor became a bestseller and is considered a classic in the investment community. Bogle was born in Montclair, New Jersey, to William Yates Bogle Jr. and Josephine Lorraine Hipkins, and was the great-grandson of Philander Banister Armstrong, whom he called his "spiritual progenitor": the founder and president of the Phoenix Mutual Fire Insurance Company, noted for attempting to reform the fire and life insurance industries. His Scottish-American family, well-off, lost it all in the Great Depression; his father fell into alcoholism, which led to his parents' divorce. Bogle and his twin, David, lived with their parents in Spring Lake, New Jersey. Sources: English Wikipedia (John C. Bogle, accessed September 2026).
Basic Information
Founder, The Vanguard Group (1929-2019)
Company Details
The Vanguard Group
Mutual Funds, Index Investing
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