There are beards and beards. For example, at 75 my beard, after it had been growing for around three months, looked so awful my wife told me she couldn't stand to look at me. You might see a photo or two of what I looked liked on a few of my hubs.
On the other hand, at forty one and spending a year on a sub-Antarctic Island, I had a magnificent beard, thick, dark, with just a hint of silver in it. It made me look good, I think. Certainly I was rather proud of it. Probably one of the best beards among my expeditionary group.
I don't know whether it is hormonal - it probably is - but some men grow much thicker, vigorous-looking beards than others and I certainly fell into the positive group. Now, in the autumn of my years I doubt I can lay such a claim. Mind you, I still have to shave every day if I want to look my best.