Mexican Billionaire Ricardo Salinas Bets Big on Bitcoin and Gold
Ricardo Salinas' Investment Strategy Revealed
Mexican billionaire Ricardo Salinas has disclosed that 70% of his wealth is invested in Bitcoin, while the remaining 30% is held in gold and gold miners. He avoids bonds and other stocks, except those of his own companies, reflecting his preference for "hard assets."
Portfolio and Business Interests
Salinas owns several major companies, including TV Azteca and Total Play Telecomunicaciones. His investment strategy emphasizes the resilience and value of Bitcoin and gold, aligning with his belief in their long-term stability.
Delisting Grupo Elektra
Salinas plans to delist his primary business, Grupo Elektra, from public markets by May. With only 0.3% of shares outstanding, he aims to manage the conglomerate according to his vision, focusing on strategic growth and operational efficiency.
This move underscores Salinas' commitment to maintaining control and aligning his business interests with his investment philosophy.
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