binance_id_960821277
Mexican Billionaire Ricardo Salinas allocates 70% of his portfolio to Bitcoin
Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets.
The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.
Salinas, who serves as chairman of Grupo Salinas — a conglomerate with interests spanning telecommunications, media, financial services, and retail — emphasized his preference for these “hardest assets” during the interview.
Salinas’s investment strategy is notably unconventional, as he eschews traditional assets like bonds and external company stocks.
He stated, “I don’t have a single bond, and I don’t have any other stocks except my own.” This approach underscores his commitment to assets he perceives as more robust and reliable.