John Bogle net worth

John Bogle net worth

Net Worth: $80 Million

About John Bogle

John Bogle net worth

John Bogle is a well known businessman. It has been stated that the overall size of John Bogle net worth is 80 million dollars. He is mostly known as a founder of a company called The Vanguard Group, where he also served as a CEO, although right now he is retired from this position. Nevertheless, this group has added a lot to the total amount of John Bogle net worth.

In addition to that, he is also known as a writer. As such, he has published a book titled “Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor” in 1999. The book became extremely successful, it entered the best selling list and is also regarded as a classic book in the American industry. Thus, his career as a writer has also added up to the overall sum of John Bogle net worth.

John Bogle was born in 1929 in New Jersey. His family was living in the times of the Great Depression, which affected them a lot. John Bogle got a scholarship to attend Blair Academy. In 1951, he also graduated from Princeton University. At weekends and also during evenings, John Bogle was also a student at the University of Pennsylvania.

Thus, he got his education overall in three institutions.

When he graduated, John Bogle started working in the Wellington Management Company, where he worked for Walter L. Morgan. Soon, he got promoted to be the chairman of the company. However, one of the mergers which he approved proved to be not a success and he was finally fired from the company. Even today, John Bogle remembers it and states that that merger has been the biggest mistake he has ever made in his life. In addition, John Bogle has claimed that because of this mistake, it made him to learn a lot.

In 1974, John Bogle began his career as a businessman, when he established The Vanguard Group, which has also increased the total amount of John Bogle net worth. The company is a well known company in the world and it is regarded as the second biggest mutual fund company in the whole world. It was also the first index mutual fund which was available for people. Currently, he is still known to be working in this company. Talking about his other involvements, one which is worth mentioning is that he is still active in Blair Academy, where he got his education. There, he is serving on the board of trustees.

Now you have an idea why John Bogle net worth is this huge

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