Legendary investor
Sir John Templeton, has died. Templeton's
obituary ran Tuesday in the U.K. Telegraph. Templeton, 95, died at his home in the Bahamas from pneumonia.
| John Templeton founder Templeton Funds | |
Templeton founded his eponymous fund group in 1954 and went on to sell it to
Franklin Group in 1992 for $440 million. After the sale, Templeton retired from the fund business to focus on religious and spiritual pursuits. The
Templeton Growth Fund was the top performing growth fund in the second half of the 20th century.
 
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