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Interesting story of Ricardo Salinas — one of the few billionaires who truly bet big on Bitcoin when many skeptics still looked at it skeptically. He is not just any Mexican entrepreneur: Salinas built Grupo Salinas, a giant touching media, telecommunications, finance, and retail, and he leads TV Azteca, the second-largest Spanish-language television production company globally.
What stands out is how his investment philosophy has evolved over the years. In 2020, he allocated 10% of his liquid portfolio to Bitcoin, already a bold move for a traditional billionaire. But Ricardo Salinas didn’t stop there. In 2022, he doubled down, bringing Bitcoin and related assets to 60% of his liquid portfolio. He practically did the opposite of what conservative finance advises.
What truly sets him apart is his philosophy. While many still see bonds as a safe haven, Salinas candidly described them as terrible investments. He prefers tangible assets — oil, gas, gold — and especially Bitcoin, which he considers the gold of the modern world, but with a crucial advantage: it is more portable and liquid than physical metal.
For Ricardo Salinas, Bitcoin is not just a hedge against inflation and government interference — it’s a lever to revolutionize the traditional financial system and make financial services accessible to those currently excluded. This vision has positioned him as one of the most convinced global billionaires in the blockchain and crypto revolution, not only as an investor but as a true believer in the technology.