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John Bogle
Founder, The Vanguard Group
Live Web cast March 21, 2001 1 p.m. ET/10 a.m. PT
 Listen to the event
John C. Bogle is one of the mythical figures of the
mutual fund industry. During a career that spans
almost half a century, the blunt, thrifty founder and
former chairman and CEO of The Vanguard Group built
the fund industry's leader in indexing and low-cost
funds. Often a speaker on the investor conference
circuit, Bogle -– who is now president of the Bogle
Financial Markets Research Center -- has built a
reputation as an outspoken critic of the way many
mutual funds are marketed and the high fees and hidden
costs often charged by companies.
Bogle’s interest in the mutual fund industry began at
Princeton University, where he graduated magna cum laude in
economics in 1951. He wrote his senior thesis on
mutual funds, then a small segment of the
financial-services industry, and after graduation went
to work for Wellington Management Company. In 1974,
when Wellington Management fired him as president but
retained him to handle its mutual funds, he created
Vanguard.
Called one of the four “giants of the 20th century” by
Fortune magazine in 1999, Bogle has left his
stamp far beyond the walls of Pennsylvania-based
Vanguard. He was a member of the board of governors of
the Investment Company Institute from 1969 to 1974; he
served as its chairman in 1969 and 1970. He also
served as chairman of the Investment Companies
Committee of the National Association of Securities
Dealers, Inc. In 1991, he was named to the Market
Oversight and Financial Services Advisory Committee of
the Securities and Exchange Commission, and six years
later he began serving on the Independence Standards
Board.
A recipient of many awards and honorary doctorates,
Bogle has received the lifetime Award of Distinction
from the Financial Analysts of Philadelphia and was
named Fund Leader of the Year in 1996 by Fund
Action magazine. In 1998, he received the Award
for Professional Excellence from the Association for
Investment Management and Research, and a year later
was inducted into the Hall of Fame of the Fixed Income
Analysts Society. Bloomberg Personal Finance has
designated him as one of "12 Minds That Made the
Market" for his influence on how U.S. families invest.
The author of numerous articles and several books on
investing, Bogle is a director and chairman of the
finance committee of The Mead Corporation, a director
of Chris-Craft Industries, and a former director of
the Princeton University Investment Company. He also
serves as chairman of the National Constitution Center
and as a trustee of the American Indian College Fund.
Bogle, a New Jersey native, was born in Montclair on
May 8, 1929. He and his wife, Eve, who live in Bryn
Mawr, Pennsylvania, have six children.
Related Links:
The Vanguard Group
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