John C. Bogle, born in Montclair, New Jersey, on May 8, 1929, is the founder of The Vanguard Group, Inc., creator of the first index mutual fund—the Vanguard 500 Index Fund—and President of Vanguard's Bogle Financial Markets Research Center. Created in 1974 and headquartered in Malvern, Pennsylvania, the Vanguard has now evolved into the Vanguard Group, one of the two largest mutual fund organizations in the world. …