CNN reports John Bogle, index fund creator and Vanguard founder, died this Wednesday at 89.
Bogle is known for creating a low-cost way for people to invest in the broad market.
Jack Bogle made an impact...on the lives of countless individuals saving for their futures or their children's futures.
Tim Buckley, Vanguard CEO
Buckley described Bogle as "a tremendously intelligent, driven and talented visionary whose ideas completely changed the way we invest.