Close on the heels of Warren Buffett comes John C Bogle, ranked second among the world's greatest investors.

Bogle is the founder and retired CEO of The Vanguard Group. Under his leadership, the company grew to be the second largest mutual fund company in the world.

Bogle has won a number of accolades and served on the boards of various for-profit and non-profit organizations. He continues to be active in The Vanguard Group.

Bogle is famous for his insistence in numerous media appearances and in writing on the superiority of index funds over traditional actively-managed mutual funds.

He attended Blair Academy on a full scholarship, earned his undergraduate degree from Princeton University in 1951, and attended evening and weekend classes at the University of Pennsylvania. After graduation, he went to work for Walter L Morgan at Wellington Management Company.

After a distinguished career culminating with the position of chairman at Wellington, he founded Vanguard in 1974.

Bogle and his wife Eve had six children and are grandparents. They reside in Bryn Mawr, Pennsylvania. Also read: 12 hidden gems you may invest in

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