Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
CoinDesk 2026-06-17 14:00:00
Context: Mexican billionaire Ricardo Salinas Pliego, with an estimated net worth of $5 billion, has invested heavily in bitcoin, allocating 70% of his portfolio to the cryptocurrency. He has expressed his strong support for bitcoin, even advising his wife to mortgage their house to purchase more. This move reflects his confidence in bitcoin as a superior investment option compared to traditional assets like real estate.
Key Facts
- Ricardo Salinas Pliego, a Mexican billionaire with an estimated net worth of roughly $5 billion, has invested 70% of his investment portfolio in bitcoin.
- Salinas Pliego is a self-described bitcoin maximalist who has expressed his strong support for the cryptocurrency.
- The billionaire reportedly advised his wife to mortgage her house to buy bitcoin, demonstrating his high level of confidence in the investment.
- Salinas Pliego believes bitcoin is a better investment option than real estate, highlighting his bullish stance on the cryptocurrency's potential for growth.
- With his significant investment in bitcoin, Salinas Pliego has positioned himself as a prominent figure in the cryptocurrency space, drawing attention to his unconventional investment strategy.