Ricardo Salinas, $5.8B Net Worth, Allocates 70% to Bitcoin Amid Grupo Elektra Delisting

Mexican billionaire Ricardo Salinas, with a net worth of $5.8 billion, has disclosed that 70% of his liquid portfolio is now invested in Bitcoin-related assets. This significant allocation was revealed during an interview with Bloomberg, where Salinas also mentioned that he holds no bonds and no stocks except for those of his own companies. Additionally, he has allocated 30% of his portfolio to gold and gold miners.

Salinas, known for his advocacy of Bitcoin, has increased his exposure to the cryptocurrency from 10% in 2020 to the current 70%. His investment strategy comes amidst plans to delist his flagship firm Grupo Elektra and ongoing legal and tax challenges with the Mexican government.

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