Ricardo Salinas says he has 60% of his net portfolio allocated in Bitcoin

English Apr 11, 2022

Mexican billionaire Ricardo Salinas recently claimed that 60% of his liquid investment portfolio is in Bitcoin.

Ricardo is president of Grupo Elektra, a retailer of home appliances and electronics. The businessman is also the third richest man in Mexico and the 154th richest in the world, with a net worth of around $13 billion.

In 2020, the billionaire claimed that Bitcoin “protects the citizen from government expropriation” and said, already at the time, that he had 10% of his portfolio in Bitcoin.

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Morel Hernandes

Writer passionate about politics, economics, blockchain and crypto-currencies.