Ricardo Salinas Pliego, Mexico's third wealthiest man, has confirmed his significant investments in Bitcoin despite recent price fluctuations.
Ricardo Salinas Pliego's Portfolio
Ricardo Salinas, a major Bitcoin supporter, revealed that about 70% of his investment portfolio is in Bitcoin. He allocated the remaining 30% to stocks in gold and gold mining companies, avoiding bonds and other company stocks except his own.
Growth of Bitcoin Investments
Salinas has significantly increased his Bitcoin investments: in 2020, he mentioned having 10% of his portfolio in BTC, which has now grown to 70%. His net worth is estimated at around $5.8 billion.
Expert Advice from Ricardo Salinas
For years, Salinas has recommended investing in Bitcoin. In a 2022 interview, he advised: “You should buy Bitcoin. Keep buying BTC when the price is low. Then hold on to your BTC, trust me, you will thank me later.”
Salinas reiterated his belief in Bitcoin and gold as the most stable assets for investment.
