Ricardo Salinas Doubles Down on Bitcoin, Discourages Real Estate Investment

Mexico’s richest man, Ricardo Salinas, has significantly increased his investment in Bitcoin, shifting away from traditional real estate and stocks. According to recent reports, he now holds 70% of his portfolio in Bitcoin, suggesting a substantial departure from conventional financial investments. Salinas publicly advocated for Bitcoin over real estate on social media platforms like X (formerly Twitter), highlighting the shift in his investment strategy and potentially influencing investor sentiment across various financial sectors. His decision to prioritize digital assets could impact global asset management strategies as investors consider alternative approaches to wealth building.