Investor Templeton Dies at 95

He founded huge investment firm, awards for spiritual research
By John Johnson,  Newser Staff
Posted Jul 8, 2008 9:08 PM CDT
Sir John Templeton poses at the Templeton religion Prize announcement March 18, 2003, in New York.   (AP Photo)

(Newser) – Influential investor and philanthropist John Marks Templeton has died at age 95. The founder of Templeton Mutual Funds, one of the biggest investment funds in the world, died in the Bahamas, the Washington Post reports. In 1999, Money magazine called him "arguably the greatest global stock picker of the century." He also founded the prestigious Templeton Prize to honor research in the realm of religion and science.

"None of us know what's going to happen after we die, anymore than that caterpillar knows what's going to happen after he forms a pupa," he said in 1995, "but the caterpillar is born again into something more magnificent than a caterpillar could imagine, and so maybe you will be, too." (Read more obituary stories.)