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Mexico’s Third Richest Person Has 60% of His Liquid Portfolio | Crypto World Analysis

Mexico’s Third Richest Person Has 60% of His Liquid Portfolio in Bitcoin

Ricardo
Salinas Pliego – the third-wealthiest person in Mexico – revealed he had allocated 60% of his liquid portfolio to bitcoin and bitcoin equities. The billionaire is a strong opponent of fiat currencies and bonds, calling the latter a “terrible investment.”

The Chairman of Grupo Elektra and the owner of the Mexican multimedia conglomerate TV Azteca – Ricardo Salinas – reiterated his crypto support during the ongoing Miami Bitcoin Conference. He admitted having invested 60% of his wealth into the primary digital asset and BTC equities. The other 40% belongs to hard-asset stocks such as gas, oil, and gold miners:

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