Mexican Billionaire Ricardo Salinas Confirms He Has 10% of His Liquid Portfolio in Bitcoin

Mexican businessman, Ricardo Salinas Pliego has become the latest billionaire to voice public his admiration for Bitcoin. Ricardo Pliego ranks 165 on Bloomberg’s Billionaire Index and has a net worth that is north of $11.8 billion. He is among the fifth richest people in Mexico.

He made a tweet about Bitcoin today, describing the cryptocurrency as a tool that “protects citizens from government expropriation.” Pliego revealed that he had 10% of his liquid portfolio in Bitcoin and at the same time recommended that prospective investors read “The Bitcoin Standard,” the award-winning book by Bitcoin educator, Saifedean Ammous.

Hoy les recomiendo EL PATRÓN BITCOIN, este libro es el mejor y más importante para entender #Bitcoin.

El Bitcoin protege al ciudadano de la expropiación gubernamental.

Muchas personas me preguntan si tengo bitcoins, SÍ. Tengo el 10% de mi portafolio líquido invertido en el ?? pic.twitter.com/6LtFVCXvuA

— Ricardo Salinas Pliego (@RicardoBSalinas) November 17, 2020

Billionaires Like Ricardo Salinas are Loving Bitcoin

Ricardo Salinas’s latest public declaration in favor of Bitcoin comes at a time when the cryptocurrency is trading near its previous all-time high. At the time of writing, Bitcoin was trading at a price of $17684 with a market cap just a few dollars shy of $328 billion.

But Salinas isn’t the only billionaire or popular figure that has thrown its weight behind Bitcoin in recent times. Instead, he just added his name to an illustrious list that is becoming hard to keep up with as Bitcoin attempts to reclaim its all-time high.

Billionaire hedge fund manager, Paul Tudor Jones, DoubleLine Capital’s Jeffrey Gundlach, Billionaire Philanthropist, Bill Pulte, and Billionaire investor Stanley Druckenmiller have all come out recently to disclose their admiration or investment in Bitcoin.

Even Maisie Williams who starred in the popular TV series “Game of Thrones” has followed up her inquiry about Bitcoin by buying some.

thank you for the advice. i bought some anyway. https://t.co/mhZiVoN6vy pic.twitter.com/XeU1KkfuXy

— Maisie Williams (@Maisie_Williams) November 17, 2020

Who is next?