John C. Bogle
John C. Bogle is Founder of The Vanguard Group, Inc., and President of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. He had been associated with a predecessor company since 1951, immediately following his graduation from Princeton University, magna cum laude in Economics.
The Vanguard Group is one of the two largest mutual fund organizations in the world. Headquartered in Malvern, Pennsylvania, it comprises more than 120 mutual funds with current assets totaling $1 trillion. The 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 as 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.” He served as Chairman of the Board of Governors of the Investment Company Institute in 1969-1970, and as a member of the Board from 1969 to 1974.
Mr. Bogle is a best-selling author. More than 500,000 copies of his first four books have been sold, beginning with Bogle on Mutual funds: New Perspectives for the Intelligent Investor (1993), Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor (1999), John Bogle on Investing: The First 50 Years (2000), and Character Counts: The Creation and Building of The Vanguard Group (2002). His fifth book, Battle for the Soul of Capitalism, was published by Yale University Press in September 2005.