Industry News

Investing.com -- Mexican billionaire Ricardo Salinas has disclosed to Bloomberg that 70% of his wealth is invested in Bitcoin , with the remaining 30% held in gold and gold miners. He confirmed that he does not own any bonds or other stocks, apart from those of his own companies.

Salinas is known for his ownership of several companies, including TV broadcaster TV Azteca and internet provider Total Play Telecomunicaciones. However, he has a preference for investing in what he refers to as the hardest assets, namely Bitcoin and gold.

Furthermore, Salinas has revealed plans to delist his primary business, Grupo Elektra (BMV: ELEKTRA ) SAB, from public markets. This move is intended to allow him to manage the conglomerate according to his own vision. He anticipates completing the delisting process by May, as only 0.3% of the company’s shares are still outstanding.

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