John Bogle Net Worth
John Bogle Net Worth: John Bogle is an American businessman and executive who has a net worth of $80 million. John Bogle was born May 8, 1929 in Montclair, New Jersey. He is best known as 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 graduated 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 is made up of 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 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." In the same year, he received the Woodrow Wilson Award from Princeton University for "distinguished achievement in the nation's service." In 1997, he was named one of the "Financial Leaders of the 20th Century" in Leadership in Financial Services (Macmillan Press Ltd., 1997). He has received many awards since. In 1997, Bogle was appointed by then-U.S. Securities and Exchange Commission Chairman Arthur Levitt to serve on the Independence Standards Board. He has also received honorary doctorate degrees from Princeton University, University of Delaware, University of Rochester, New School University, Susquehanna University, Eastern University, Widener University, Albright College, Pennsylvania State University, Drexel University, Immaculata University, Georgetown University, Trinity College and Villanova University.