John Bogle

John Bogle (May 8, 1929 – January 16, 2019) was an American investor, businessman, and philanthropist. He is best known as the founder of The Vanguard Group, the largest provider of index funds in the world. Bogle was also the author of several books on investing, including "The Little Book of Common Sense Investing" and "Bogle on Investing".

Bogle was born in Montclair, New Jersey, in 1929. He attended Princeton University, where he earned a degree in economics. After graduating from Princeton, Bogle worked for Wellington Management Company for 11 years. In 1974, he founded The Vanguard Group.

Vanguard is a mutual fund company that specializes in index funds. Index funds are mutual funds that track a particular index, such as the S&P 500 Index. Index funds are designed to provide investors with a low-cost way to invest in the stock market.

Bogle was a strong advocate of index funds. He believed that index funds were the best way for most investors to build wealth over the long term. Bogle also believed that index funds were the best way to reduce investment risk.

Bogle's work has had a profound impact on the investment world. He is credited with popularizing index funds and making them accessible to the average investor. Bogle's work has also helped to reduce investment costs and make the stock market more efficient.

Bogle was a recipient of the Presidential Medal of Freedom in 2011. He was also inducted into the Business Hall of Fame in 2012. Bogle died in 2019 at the age of 89.

John Bogle was a pioneer in the field of index investing. He founded The Vanguard Group in 1974 and helped to make index funds a mainstream investment option. Bogle's work has had a profound impact on the investment world and has helped to make investing more accessible to the average investor.