John Bogle

Quick Facts

Celebrated Name: John Bogle
Real Name/Full Name: John Clifton “Jack” Bogle
Gender: Male
Age at the time of death: 89 years old
Birth Date: 8 May 1929
Date of Death: 16 January 2019
Birth Place: Montclair, New Jersey, United States
Nationality: American
Height: 1.83 m
Weight: 87 kg
Sexual Orientation: Straight
Marital Status: Married
Wife/Spouse (Name): Eve Bogle
Children: Yes (Sandra Bogle Marucci, Jean Bogle, Nancy Moore Bogle, Andrew Armstrong Bogle, Barbara Bogle Renninger, John Bogle Jr.)
Profession: Investor, business magnate, and philanthropist
Net Worth in 2022: $85 million
Links: Wikipedia

John Bogle was a business mogul, philanthropist, and investor best known for founding The Vanguard Group and serving as its first chief executive before retiring.

How much was the net worth of John Bogle?

The estimated net worth of John Bogle was $85 million. Given the size of the organization he oversees, this net worth might seem astounding, but in a 2012 interview with the New York Times, he admitted that he was neither a billionaire nor even a hundred millionaire.

His net worth was also “double-digit millions,” according to sources. The businessman amassed considerable wealth as the founder and former CEO of The Vanguard Group.

John Bogle had access to a variety of profitable investments as an investor, which attracted global media attention. The Vanguard Company also outperformed its rivals and gained international recognition as an entrepreneur.

When was John Bogle born?

Josephine Lorraine Hipkins and William Yates Bogle, Jr. welcomed John Bogle into the world in 1929. Verona, New Jersey is where he was born. His family was affected by the Great Depression.

In addition, they lost their inheritance and had to sell their house. His father’s alcoholism was also a factor in his parent’s divorce.

Education

He was spotted running on the New Jersey coast when he and his twin David were at Manasquan High School. Additionally, thanks to work scholarships, their academic success allowed them to transfer to the prestigious Blair Academy.

When he was a student at Blair, he showed a special aptitude for math and was fascinated by calculations and numbers. He completed his education at Blair Academy in 1947 and granted admission to Princeton University, where he majored in economics and finance.

John completed his apprenticeship in 1951 and studied at the University of Pennsylvania on the weekends and in the evenings. He is a grandfather and his wife, Eve, has six children. They are residents of Bryn Mawr, a town in Pennsylvania.

What were the height and weight of John Bogle?

The May 8th, 1929, the birthdate of John Bogle, who passed away at the age of 89. He was 1.83 m tall and 87 kg in weight.

Career

John Bogle started his career in 1951 after graduating from Princeton by limiting his career options to banking and investments.

The Wellington Fund’s director, Walter L. Morgan, claimed that Bogle knew more about the fund business than they did after he was cast in a role where he played a talented actor.

He was given more access to the company and the investment department when he was promoted to assistant manager in 1955.

John challenged Wellington management to alter its practice of concentrating on a single fund, exhibiting ingenuity and creativity in the process. He made an effort to be persuasive by establishing a new fund.

He established the Vanguard Company in 1974, which is now known to be among the most reputable and successful businesses in the investment industry. Bogle was listed by Fortune magazine in 1999 as “one of the four investment giants of the twentieth century.”

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Awards and accomplishments

John Bogle was recognized with the Institutional Investor Lifetime Achievement Award in 2004 and included in TIME magazine’s list of the 100 most powerful and influential people in the world.

He was named one of the four “Giants of the 20th Century” of the investment sector by FORTUNE in 1999. The investor was given the Woodrow Wilson Award for “distinguished achievement in the nation’s service” by Princeton University that same year.

In 1997, he received the distinction of being one of the “Financial Leaders of the 20th Century” in the category of Leadership in Financial Services. Since then, he has also won numerous accolades.

He was chosen to serve on the Independence Standards Board in 1997 by Arthur Levitt, the chairman of the US Securities and Exchange Commission at the time.