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Howard Marks, The 74-Year-Old Billionaire Is striving To Learn Cryptocurrencies

Mary Liu

Summary: Howard Marks, the founder of Oaktree Capital Group, the world's largest non-performing asset investment institution, stated in his client memo that he is working hard to learn cryptocurrencies. It is reported that Howard Marks' net worth is as high as $2.1 billion, the 74-year-old billionaire revealed that his family owns a "meaningful amount" of Bitcoin. ...

Howard Marks, the founder of Oaktree Capital Group, the world's largest non-performing asset investment institution, stated in his client memo that he is working hard to learn cryptocurrencies.

It is reported that Howard Marks' net worth is as high as $2.1 billion, the 74-year-old billionaire revealed that his family owns a "meaningful amount" of Bitcoin. However, he is still skeptical of crypto. Marks wrote: "Skepticism is important for any investor", "Thus, I’ve concluded that I’m not yet informed enough to form a firm view on cryptocurrencies. In the spirit of open-mindedness, I’m striving to learn". 

By Mary Liu

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