Sir John Templeton, post-war investment pioneer and founder of Templeton Funds, has died at the age of 95.
Templeton was also a major philanthropist, making donations to numerous causes through the John Templeton Foundation. Born in Winchester, Tennessee in 1912, Templeton studied at both Yale and Oxford before launching the Templeton Growth Fund in 1954. The fund was one of the first to offer US investors opportunities outside of Wall Street and has returned an average of 14.5% each year. In 1992, he sold his Templeton Funds business to Franklin Resources, creating Franklin Templeton, and turned his focus to full-time philanthropy. The John Templeton Foundation supports numerous charitable ...
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