Express

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

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 12 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago
  • You need to login to comment.