Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate

FinanceMexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estateRicardo 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.By Olivier Acuna|Edited by Aoyon AshrafUpdated Jun 17, 2026, 2:01 p.m. Published Jun 17, 2026, 2:00 p.m. 3 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowMexican billionaire Ricardo Salinas has put about 70% of his investment portfolio into bitcoin, arguing that fiat currencies inevitably lose purchasing power.Salinas says he even persuaded his wife to mortgage her house to buy bitcoin and urges others to consider turning some home equity into bitcoin exposure, citing the cryptocurrency’s outperformance of real estate since 2016.Drawing on his family’s history in gold and their distrust of post-gold-standard fiat money, Salinas views bitcoin as a scarce asset akin to gold and believes it could eventually reach $1 million, though he is unsure when.Mexican billionaire Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist.He is so convinced that bitcoin is the best long-term investment that he holds 70% of his investment portfolio in the digital asset, believing that traditional fiat currencies are destined to lose purchasing power over time. The allocation is unusually large by conventional portfolio-management standards, where wealth advisers typically recommend limiting exposure to highly volatile assets.Salinas — whose company, Grupo Elektra, is one of Mexico's largest business groups, expanding across retail, banking, telecommunications and media — has such a strong conviction on bitcoin that he once advised his wife to mortgage her home and buy more of it. And she did.“I know this is a controversial topic, but I convinced my wife to mortgage the house that she has and take a loan …

Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate

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