🌎 70 Percent of Billionaire’s Portfolio in Bitcoin

Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin-Related Assets

Mexican billionaire Ricardo Salinas has revealed that a significant portion of his investment portfolio is dedicated to Bitcoin-related assets. In a recent interview, Salinas disclosed that 70% of his investments are allocated to Bitcoin, while the remaining 30% is invested in gold and shares of gold mining companies.

Salinas, who serves as chairman of Grupo Salinas, a conglomerate with diverse interests, expressed his preference for these “hardest assets” due to their perceived robustness and reliability. His investment strategy is notable for its unconventional approach, as he avoids traditional assets like bonds and external company stocks.

A Commitment to Robust Assets

“I don’t have a single bond, and I don’t have any other stocks except my own.”

This statement underscores Salinas’s commitment to assets he believes are more resilient and trustworthy.

A Longstanding Advocate for Bitcoin

Salinas has been a vocal advocate for Bitcoin for several years, significantly increasing his exposure to the cryptocurrency over time. In 2020, he revealed that 10% of his liquid portfolio was invested in Bitcoin, a figure that has since risen to 70%. Beyond his personal investments, Salinas has actively promoted Bitcoin and decentralized finance on social media platforms, where he has amassed a following of over 2 million.

Investment Philosophy and Economic Views

Salinas’s investment philosophy aligns with his broader economic views, particularly his skepticism toward fiat currencies and traditional financial systems. By focusing on Bitcoin and gold, he seeks to hedge against potential currency devaluation and economic instability. His strategy reflects a belief in the enduring value of scarce assets that are not subject to centralized control.

Tips for Investors

While Salinas’s investment strategy may not be suitable for all investors, it highlights the importance of diversification and considering alternative assets. Here are some key takeaways: