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Ricardo Salinas, a Mexican billionaire invests 70% of his portfolio in Bitcoin

69-year-old Mexican billionaire Ricardo Salinas says he has 70% bitcoin-related exposure.

The billionaire, a well-known bitcoin

proponent, added he holds no bonds or stocks except for his own company shares.

After buying his first bitcoins at $200, he gradually increased his exposure to the flagship crypto. Today, 70% of his investment portfolio is in BTC, compared to 10% in 2020.

Ricardo Salinas, worth an estimated $5.8 billion, said he owns only Bitcoin, gold, gold mining company stakes, and shares in his companies.

The Mexican billionaire is a well-known bitcoin proponent who has said he was working on making his bank the first in Mexico to accept bitcoin.


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