Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
CoinDesk·
60-second summary
Ricardo Salinas Pliego, a Mexican billionaire with a $5 billion net worth, has revealed that 70% of his investment portfolio is in bitcoin, calling it a better investment than real estate. He advised his wife to mortgage her house to buy bitcoin, demonstrating his confidence in the cryptocurrency. This endorsement boosts bitcoin's appeal to high-net-worth investors.
Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.