Mark Faber
- January 9, 2024
- Investor
Quick Facts
| Full Name | Mark Faber |
| Occupation | Investor |
| Date Of Birth | Feb 28, 1946(1946-02-28) |
| Age | 78 |
| Country | Switzerland |
| Horoscope | Aquarius |
Mark Faber Biography
| Name | Mark Faber |
| Birthday | Feb 28 |
| Birth Year | 1946 |
| Birth Country | Switzerland |
| Birth Sign | Aquarius |
| Spouse | Supatra Faber |
| Children(s) | Nantamada Faber |
Mark Faber is one of the most popular and richest Investor who was born on February 28, 1946 in Switzerland. Marc Faber (born February 28 1946) is a Swiss investor with a base in Thailand. He is the author of the Gloom Boom and Doom Report newsletter as well as director for Marc Faber Ltd, which is an investment advisory and manager of funds. Faber is also director of advisors, shareholder, and director of several investment funds that are focused on frontier and emerging markets, such as Asia Frontier Capital Ltd.’s AFC Asia Frontier Fund.
Faber has been long-term bearish on the American economy over a long period of time and remains the case. Faber closed his newsletter in June by quoting the following quote:
He also expressed temporary bullishness for the U.S. dollar in mid-2008, before it dramatically recovered and positive expectations for holding the Japanese yen. In December 2008, Faber said, “I think a recovery will not come in the next couple of years, maybe in five, 10 years’ time”. Subsequently, the S&P 500 index rose by 48% from 865.58 on January 1, 2009 to 1282.62 on January 1, 2011.
In 2012, Faber predicted that the S&P 500 index would fall at least 20% within 6–9 months following the re-election of Barack Obama. Subsequently, the S&P 500 index rose from a low of 1359.88 on November 16, 2012 to 1480.40 as of January 1, 2013, 1570.70 on April 1, 2013 (up 15% from the November low, 6 months after Faber’s prediction), 1668.68 on July 1, 2013 (up 22% from the November 2012 low) and 1783.54 on November 1, 2013 (up 31%).
Faber is the author of the monthly publication of investment news on paper called The Gloom Boom & Doom Report along with the subscription email online “Monthly Market Commentary”. He also wrote a few books, like The Great Money Illusion; The Confusion of the Confusions (1988) as well as The Riding of in the Millennial Storm: Marc Faber’s path to profit from the Financial Markets (1998) and Tomorrow’s Gold: Asia’s Age of Discovery (2010).
Mark Faber Net Worth
| Net Worth | $5 Million |
| Source Of Income | Investor |
| House | Living in own house. |
Mark Faber is one of the richest Investor from Switzerland. According to our analysis, Wikipedia, Forbes & Business Insider, Mark Faber 's net worth $5 Million. (Last Update: December 11, 2023)
In the 1970s, Faber was employed by White Weld & Co. in New York City, Zurich and Hong Kong. Faber moved into Hong Kong in 1973. Additionally, he served as a director of Drexel Burnham Lambert Hong Kong at the time of his arrival in 1978 until the collapse of the company in 1990. He then started Marc Faber Limited, his own company. Marc Faber Limited. Faber currently resides with his family in Chiang Mai, Thailand, although he has an workplace within Hong Kong.
Faber is known for his advice to his clients to stay out of the stock market prior to the crash of October 1987.
In 2009, Faber predicted with 100% confidence that the Federal Reserve’s policy of keeping interest rates near zero would lead to hyperinflation approaching levels seen in Zimbabwe. Zimbabwe’s inflation rate reached 89 sextillion percent in a previous report. Subsequently, annual increases in the CPI were 2.7% in 2009, 1.5% in 2010, 3.0% in 2011, 1.7% in 2012, 1.5% in 2013, 0.8% in 2014 and 0.7% in 2015.
Height, Weight & Body Measurements
Mark Faber height Not available right now. Mark weight Not Known & body measurements will update soon.
Who is Mark Faber Dating?
According to our records, Mark Faber married to Supatra Faber. As of December 1, 2023, Mark Faber’s is not dating anyone.
Relationships Record : We have no records of past relationships for Mark Faber. You may help us to build the dating records for Mark Faber!
On January 14, 2015, Faber predicted that gold prices will rise by 30% in
- Gold prices subsequently fell by 14% from $1234 on January 14, 2015 to $1060 on December 31, 2015.
Facts & Trivia
Mark Ranked on the list of most popular Investor. Also ranked in the elit list of famous people born in Switzerland. Mark Faber celebrates birthday on February 28 of every year.
How old is Dr Marc Faber?
Marc Faber
Born| February 28, 1946 Zurich, Switzerland
Nationality| Swiss
Education| University of Zurich (PhD)
Occupation| Investor
Who is Dr Marc Faber?
Marc Faber, who studied at the University of Zurich and earned his PhD in Economics at the age of 24, is considered one of the world’s premier economists and stock market investors. Known for his “contrarian” investment approach, Dr. Faber is renowned for his timely market predictions.