John Bogle was an investor, business magnate, and philanthropist best known as an originator and retired chief executive of The Vanguard Group.
|Real Name/Full Name:
|John Clifton “Jack” Bogle
|Age at the time of death:
|89 years old
|8 May 1929
|Date of Death:
|16 January 2019
|Montclair, New Jersey, United States
|Yes (Sandra Bogle Marucci, Jean Bogle, Nancy Moore Bogle, Andrew Armstrong Bogle, Barbara Bogle Renninger, John Bogle Jr.)
|Investor, business magnate, and philanthropist
|Net Worth in 2023:
John Bogle Biography
In 1929, John Bogle was born to Josephine Lorraine Hipkins and William Yates Bogle, Jr. His birthplace is in Verona, New Jersey. The Great Depression had an impact on his family.
Furthermore, they have misplaced their inheritance and must sell their home, as well as his father’s alcoholism, which caused his parents’ divorce.
He and his twin David were seen in Manasquan High School while running on the New Jersey coast. Its academic performance also enabled them to transfer to the prestigious Blair Academy based on work scholarships.
While at Blair, he demonstrated a special aptitude for math, with computations and numbers enthralling him. He graduated from Blair Academy in 1947 and was accepted at Princeton University, where he studied economics and investment.
He received his apprentice degree in 1951 and attended evening and weekend classes at the University of Pennsylvania. He and his wife, Eve, have six children and are grandparents. They live in the Pennsylvania town of Bryn Mawr.
John Bogle Age, Height, Weight
John Bogle died at 89, born on May 8, 1929. His height was 1.83 m, and he weighed 87 kg.
Following his graduation from Princeton in 1951, John Bogle began his career by narrowing his career options to investments and banking.
He was cast in a role in the Wellington Fund, where he portrayed talent, prompting the fund’s director, Walter L. Morgan, to claim that Bogle knew more about the fund trade than they did.
In 1955, he was promoted to the assistant manager position, giving him greater access to the firm and the investment department.
He demonstrated inventiveness and creativity by challenging the Wellington management to change its policy of focusing on a single fund. He did his best to make his point in creating a new fund.
In 1974, he founded the Vanguard Company, now recognized as one of the most respected and effective firms in the world of investment. Bogle was named “one of the four investment giants of the twentieth century” by Fortune magazine in 1999.
John Bogle Awards and Achievements
In 2004, TIME magazine named John Bogle one of the world’s 100 most powerful and influential people, and Institutional Investor honored him with its Lifetime Achievement Award.
FORTUNE named him one of the investment industry’s four “Giants of the 20th Century” in 1999. The investor received the Woodrow Wilson Award from Princeton University in the same year for “distinguished achievement in the nation’s service.”
He was named one of the “Financial Leaders of the 20th Century” in the category of Leadership in Financial Services in 1997. He has also received several awards since then.
In 1997, he was appointed to the Independence Standards Board by then-US Securities and Exchange Commission Chairman Arthur Levitt.
John Bogle’s Net Worth In 2023
John Bogle’s net worth was estimated to be $85 million as of August 2023. This net worth may seem astounding given the size of the organization he runs, but in a 2012 interview with the New York Times, he revealed that he was not a billionaire or even a hundred-millionaire.
Furthermore, his net worth was in the “double-digit millions.” The entrepreneur made a lot of money as the founder and retired CEO of The Vanguard Group.
As an investor, John Bogle could invest in many lucrative deals, garnering public attention worldwide. In addition, the Vanguard Company established its global fame as an entrepreneur, surpassing its competitors.