Billionaire Salinas Battles AMLO Over Taxes, Seized Golf Course - Bloomberg
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Billionaire Salinas Battles AMLO Over Taxes, Seized Golf Course

  • Government says Salinas companies owe $3.8 billion in taxes
  • Magnate alleges government has inflated his tax bill

Andres Manuel Lopez Obrador

Photographer: Luis Antonio Rojas/Bloomberg
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Mexican billionaire Ricardo Salinas Pliego, a libertarian bitcoin believer who routinely mocks government “cavemen,” is ramping up a dispute with President Andres Manuel Lopez Obrador over what he alleges is an inflated tax bill and the recent closure of a golf course in Oaxaca.

Salinas, who has amassed a fortune of $14.9 billion through his retailer Elektra and lender Banco Azteca among other businesses, has been a frequent target of Lopez Obrador during his daily press conferences in recent weeks as his six-year term comes to an end with elections slated for June 2.

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