Jack Bogle, the founder of Vanguard who created the first index mutual fund in 1975, has died at the age of 89.
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Vanguard founder Jack Bogle dies at 89; pioneered the index fundA towering figure in finance, he revolutionized American investment with his invention of the index fund.
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John Bogle, Vanguard founder, dies at 89VALLEY FORGE, Pa. (AP) — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founding Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but he expanded access to no-frills, low-cost investing in 1976 when Vanguard introduced the first index fund for individual investors, rather than institutional clients.
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John C. Bogle, Founder of Vanguard Group, Dies at 89John Clifton Bogle, founder of Vanguard Group and a crusader for investors’ rights for more than three decades, dies at 89.
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