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Jack Bogle, born, John Clifton Bogle, was an American business tycoon, author, investor, and a humanitarian. Jack Bogle had set a milestone in his journey as a successful business mogul and still continues to do so. He founded The Vanguard Group, which has over $4.5 trillion in assets. Jack Bogle was considered to be the god of mutual funds and investing.

Maybe you know about Jack Bogle very well But do you know how old was he at the time of his death and what is his net worth in 2024? If you do not know, We have prepared this article about details of Jack Bogle’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.

Early Life

Jack Bogle was born on the 8th of May, 1929, in Verona, New Jersey, U.S.A to William Yates Bogle and Josephine Lorraine Hipkins. He had a twin brother, David Bogle. Jack had a tumultuous childhood, as he was witness to his father’s reckless ways, which lead him to work at various odd jobs from a very young age. However, the mound of the Great Depression led to him losing multiple jobs, eventually leading to the loss of the family inheritance and their house. William and Josephine ended up separating, owing to William’s irrational behavior and debauchery.

Jack Bogle went to Manasquan High School in Monmouth County, New Jersey, USA, before transferring to Blair Academy as a result of his academic merit. In high school, Jack showed a keen interest in numbers paving the way for his titanic career ahead. He graduated from high school in 1947 and went to Princeton University, majoring in economics and investment.

Personal Life

Jack Bogle was married to Eve Bogle. The couple had six children and twelve grandkids. As of now, Jack Bogle resides with his wife in Bryn Mawr, Pennsylvania.

Age, Height, and Weight

Being born on 8 May 1929, Jack Bogle was 90 years old at the time of his death. His height was 1.68 m tall and weighed 70 kg.

Career

Immediately after finishing up college, Jack Bogle started working at Wellington Fund. In a short span of 4 years, Jack was promoted to the position of assistant manager. His wide knowledge on mutual funds and practical skills in investing, led to him dethroning Walter Morgan, as the chairman of Wellington Management Company. In 1974, after a brief, tumultuous period, Jack Bogle prepared for a new fund sector at Wellington and called it Vanguard, which later came to be known as the Vanguard Company, now the largest mutual fund organization in the world.

1976, saw Jack Bogle navigating in index mutual funding and he went on to found the “First Index Investment Trust, “now known as the “Vanguard 500 Index Fund”. This step was a massive evolution in bringing the index mutual fund to the general public. The foundation of the “First Index Investment Trust,” led to two successive mutual funds, “Total Bond Fund” and the “Vanguard Extended Market Index Fund” in 1986 and 1987, respectively. Health issues led him to retire as chairman in 1999, and he was succeeded by his handpicked candidate, John J. Brennan.

Jack Bogle had also expanded his company internationally. Vanguard set its hold in the United Kingdom on the 16th of May 2017. This venture of his changed the game scene of the entire UK share market. Apart from being a businessman, Jack Bogle is also a bestselling author. He has authored close to 8 books, and his book, “Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor,” is still cited as a cult classic. For most of his career, Jack Bogle has donated almost half his income to charity and humanitarian causes.

As a member of the board of trustees at Blair Academy, he regularly funds scholarships for his alma mater at Blair Academy and Princeton. He has received several doctorates from various prestigious institutions like Georgetown University and Princeton University, to name a few. He is also a regular donator at the National Constitution Center.

Awards and Achievements

Jack Bogle’s enormous career has made him the recipient of various awards his lifetime.

• In 1999, ranked amongst the “Giants of the 20th Century” by Fortune Magazine.
• In 1999, the recipient of the “Woodrow Wilson Award” in honor of his services in the nation’s interest by Princeton University.
• In 2004, Times Magazine ranked him on the 100 most powerful and influential people’s list.
• In 2004, Institutional Investor awarded the Lifetime Achievement Award.
• In 2016 he was awarded the Pennsylvania Society Gold Medal for Distinguished Achievement.

Net Worth & Salary of Jack Bogle in 2024

Jack Bogle continues to be the true god of investing and mutual funds. His assets include his investment empire, his stock exchanges, and properties all across the globe. Jack Bogle’s current net worth is $180 million as of July 2024.

Jack Bogle was a true pioneer. He was a legendary name in the world of 20th-century business and investment. He could have easily become a billionaire, but his decision to let his mother company, Vanguard by a company for the public and the shareholders, opened gates for the common investors. He had been persistent in dedicating his life to the greater cause to serve the people first. His philanthropic measures know no bounds. He had always cited that he has something a billionaire could never have- the knowledge that he has enough!

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