Who Is John C. Bogle? Age, Biography, and Wiki
John C. Bogle, born on May 8, 1929, was a pioneering American investor and business magnate. He passed away on January 16, 2019, leaving behind a monumental legacy in the finance world. Bogle is best known for founding the Vanguard Group and for being a major advocate of index investing, a strategy that transformed how individuals and institutions invest in the stock market.
By 2025, Bogle would have been 96 years old, had he still been alive. His revolutionary ideas continue to influence investment strategies and he remains a key figure in discussions about financial literacy and investment accessibility for all.
Occupation | Republicans |
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Date of Birth | May 8, 1929 |
Age | 89 Years |
Birth Place | Montclair, New Jersey, US |
Horoscope | Taurus |
Country | Jersey |
Date of death | 16 January, 2019 |
Died Place | Bryn Mawr, Pennsylvania, US |
Popularity
John C. Bogle's Popularity over time
Height, Weight & Measurements
Though specific details regarding John C. Bogle's height and weight were not widely publicized due to his preference for privacy, it's noted that he maintained a professional appearance throughout much of his life. His commitment to health and well-being allowed him to manage his intense career in finance effectively.
Family, Dating & Relationship Status
John C. Bogle was married to Esther Elizabeth Bogle (née O'Hare) for 65 years until his death. They shared four children: John, Barbara, and two other sons. Bogle often spoke about the importance of family and how it grounded his busy professional life. Unfortunately, details regarding his personal relationships outside of marriage are not well-documented as Bogle was typically private about his family life.
His Scottish-American family was harmed by the Great Depression. They were well-off but lost it all. His father fell into alcoholism, which resulted in his parents' divorce.
Net Worth and Salary
At the time of his passing, John C. Bogle's net worth was estimated to be around $80 million. His wealth primarily originated from his vast contributions to the investing industry and the success of the Vanguard Group, which innovated passive investment strategies. Bogle was known for his frugality and commitment to helping investors minimize costs, which significantly boosted his popularity and influence in finance.
Bogle was known for his insistence, in numerous media appearances and in writing, on the superiority of index funds over traditional actively managed mutual funds.
He contended that it is folly to attempt to pick actively managed mutual funds and expect their performance to beat a low-cost index fund over a long period of time, after accounting for the fees that actively managed funds charge.
He was also keenly aware of the importance of overall market valuation, and developed a simple but reliable method to forecast long-term returns over decade-long periods. Bogle added existing dividend yield to expected earnings growth, then adjusted for overall market valuation as measured by price to earnings ratio and corrected for inflation.
He argued most investors should have a minimum 20% bond allocation to reduce volatility, and should tend to increase their bond allocation when stocks became overvalued and as they age but should maintain at least a 20% stock allocation.
In the late 1990s dot-com bubble, Bogle sold most of his stocks and correctly anticipated poor returns on stocks and superior results from bonds over the next ten years.
Career, Business, and Investments
John C. Bogle's career began with the founding of Bogle Financial Markets Research in the 1950s and later the establishment of the Vanguard Group in 1974. Vanguard’s introduction of the first index mutual fund allowed everyday investors to benefit from diversified portfolios at a fraction of the cost compared to traditional mutual funds. His innovative thought leadership materialized in a philosophy that emphasized long-term investment strategies, transparency, and investor-friendly practices, which continue to resonate in today's financial environment.
Beyond Vanguard, Bogle was a prolific author and speaker, frequently discussing the benefits of index investing and the importance of financial literacy.
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund.
An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action and reducing broker fees as much as possible. An ideal investment vehicle for Bogle was a low-cost index fund representing the entire US market, held over a lifetime with dividends reinvested.
Social Network
During his lifetime, John C. Bogle maintained a relatively low profile on social media, focusing instead on his work and public engagements. However, his legacy and influence continue through the myriad of financial forums, investment platforms, and tributes made by followers on platforms such as Twitter, LinkedIn, and investment blogs that still discuss his teachings and philosophies.
* The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (John Wiley & Sons, 2007), ISBN 978-0-470-10210-7
Education
John C. Bogle graduated from Princeton University in 1951 with a degree in economics. He credited his education as a crucial element in shaping his investment philosophies. His academic experience laid the groundwork for his understanding of market efficiencies, portfolio management, and the importance of cost in investing, fundamentals that underpin his legacy in financial education.
Bogle and his twin, David, attended Manasquan High School near the New Jersey shore for a time. Their academic record there enabled them to transfer to Blair Academy on work scholarships. The twin remained close throughout their adult lives.